Trump's Tariffs Spark Stock Market Crash, But Cathie Wood Seizes Opportunity with Two Potential Stocks!

TradingKey - Trump's tariffs cause a major drop in the stock market. Cathie Wood takes advantage and buys NVIDIA and Coinbase shares.

Recently, Trump imposed tariffs on many countries. Investors panicked and sold off their stocks. This led to a global market downturn, and the U.S. stock market was no exception.

Since announcing the tariffs on April 2, the three major U.S. indices have fallen about 10%. The Nasdaq dropped 10.91%. The S&P 500 fell 10.72%. The Dow Jones decreased by 9.8%.

While others were selling in fear, Cathie Wood's Ark Invest went on a buying spree. They bought shares of NVIDIA  (NVDA) and Coinbase (COIN). NVIDIA is the largest chip stock globally. Coinbase is the second-largest cryptocurrency exchange. Both have strong potential.

On April 7, Ark Invest purchased 151,979 shares of NVIDIA, worth $14.8 million. They also bought $13.3 million worth of Coinbase shares. On April 8, they increased their Coinbase investment by another $4.8 million.