Tariff Tantrum: Risk Is Back on Investors’ Mind
The sell-off in index heavyweights like Facebook (FB) and Amazon (AMZN) has impacted broader market indices. Facebook is facing scrutiny due to how it handled users’ data. Amazon saw selling pressure after President Trump targeted the company in a tweet. The PowerShares QQQ ETF (QQQ) has pared some of its 2018 gains based on the closing prices on April 10.