European markets slipped into negative territory on Friday, as regional traders reacted to fresh tariff threats from U.S. President Donald Trump and a sell-off of chipmaker giant Nvidia 's stock.
The good part to Nvidia's poor start to the year is investors have a window to buy this fast-growing company on the dip.
The Nasdaq Composite (^IXIC) pared gains to finish the day up around 0.3%. The tech-heavy index had risen as much as 1% earlier in the session after consecutive sharp losses for the index. The benchmark S&P 500 (^GSPC) closed just above the flatline,
EU mid-market update: 25% tariff threat and weak earnings causes slump across Europe; Lack of Nvidia afterhours movement highlights investor caution over AI rally.
The S&P 500 remained stable as investors await Nvidia's quarterly results, crucial for the AI sector's trajectory. Meanwhile, President Trump announced new tariffs on EU imports, affecting market sentiment.