US Stock Market Move | Large-cap tech stocks fell, with NVIDIA Corporation (NVDA.US) dropping more than 1.3%.

On Friday, major tech stocks fell, as of the time of writing, Tesla, Inc. (TSLA.US) was down 0.95%, NVIDIA Corporation (NVDA.US) was down over 1.3%, Apple Inc. (AAPL.US) was down over 2%, Amazon.com, Inc. (AMZN.US) was down 0.67%, Microsoft Corporation (MSFT.US) was down 0.74%, Alphabet Inc. Class C (GOOG.US, GOOGL.US) was down over 0.8%, and Meta (META.US) was down over 1%. The Nasdaq fell over 0.9%, the S&P 500 index fell 0.7%, and the Dow fell 0.6%. In terms of news, Trump threatened on Friday to impose a 50% tariff on goods from the European Union starting June 1st, stating "we have made no progress in our negotiations with them."