On this episode of Stock Movers:
- Shares of Nike surged after President Trump said Vietnam was willing to eliminate tariffs to avoid new US levies. The news reversed earlier losses for Nike, which had fallen after Trump unveiled a 46% levy on Vietnam, where several had shifted manufacturing in recent years.
- Tesla and Nvidia are leading the Magnificent Seven stock losses on Friday after China escalated a trade war by retaliating against new US tariffs with levies on all American imports. Nvidia fell -4.2% while Tesla slumped Tesla -5.7%

Meta Platforms, Adobe and Ulta Beauty Plunge
05:05

Adobe Falls, Peloton Drops, Hims & Hers Health Mixed As Shares Set for Record Week
04:10

Once Upon a Farm Tumbles, Ulta Beauty Sinks, Adobe Falls After CEO Steps Down
03:13