Stock Market Today: Steep Tariff Sell-Off, INTC & TSM Joint Venture, RH ...

Caroline Woods discusses a significant sell-off in the markets, marking the largest decline since 2020, primarily driven by unexpectedly high tariffs announced by President Trump. The Russell 2000 index plummeted over 6.5%, reaching a 15-month low, while major indices such as the Nasdaq and S&P 500 also experienced substantial losses. Tech stocks, particularly semiconductors, were among the hardest hit, with notable declines from major companies like Apple and Amazon. Despite the market turmoil, Intel announced a joint venture that led to its stock rising, showcasing contrasting fortunes within the secto