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As tariffs roil the markets, here’s why some sectors are faring worse than others [Video]

Stock markets sank for the third day Monday after U.S. President Donald Trump announced sweeping global tariffs last week, and no one is coming out unscathed — but some sectors are seeing more volatility than others.

All three major U.S. indexes touched their lowest levels in more than a year in early trading on Monday, before rebounding somewhat, with the S&P 500 and the Dow Jones closing lower and the Nasdaq gaining 0.10 per cent. 

Here’s a quick look at how some of the market’s sectors are faring. 

Tech stocks see plummets and rises

Technology stocks have been some of the hardest hit in the market sell-off.

The Magnificent Seven — a group of seven high-performing tech stocks including Apple, Microsoft and Nvidia — have seen $2 trillion US of their combined value wiped out in the market’s recent slide.

WATCH | Trump rejects idea of a tariff pause as markets continue to slide: U.S. President …

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