Stocks Give Up Gains As Tariffs Loom—Nvidia’s DeepSeek Selloff Balloons Back To $500 Billion
Stocks gave up earlier gains Friday as the White House reaffirmed President Donald Trump’s plan to implement some of his long-promised tariffs Saturday, with the market closing out a whirlwind week highlighted by Nvidia’s record-breaking losses in reaction to China’s DeepSeek cheaper AI model and a flurry of earnings reports.