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Why Tech Crashed Today: Trump's Helicopter Warning Sparks Violent Reversal
Description
The Tuesday session closed Red. Here is why. A morning rally completely evaporated after President Trump announced that Iran shot down a U.S. Apache helicopter, triggering geopolitical panic and forcing a violent liquidation in tech.
π Sector Winners: Utilities, Real Estate, and Consumer Staples (SJM +10.4% bucked the trend).
π Sector Losers: Tech and Semiconductors (MU -7.5%, AAPL -1.89%, NVDA -3.4%).
π The Look Ahead: Tomorrow morning's high-stakes May CPI print at 8:30 AM ET will decide whether SPY breaks below the crucial $735.00 support level.
Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.