IXIC: Nasdaq Composite Rebounds After Tariff-Fueled Selloff Attracts Tech-Loving Dip Buyers

Is any dip just a chance to enter lower? Seems so — after Trump’s deadline extension, everything out there looks like a bargain to dip buyers.

🚀 Dip Buyers Log In and Lock In

• Pump and jump? That’s what happened to the Nasdaq Composite IXIC Tuesday — it pumped 0.5% in the early deals today, as traders jumped right back into their favorite tech names after Monday’s tariff-induced swoon.
• Monday’s selloff, driven by President Trump’s letters announcing 25% to 40% tariffs for 14 nations, rattled risk appetite but also served up bargain prices for dip-hungry bulls.
• Tech stocks were the biggest victims during the slump (as usual), but that’s exactly where buyers hunted Tuesday, lured by the view that the pullback was more an opportunity than a true trend reversal.

📣 Another Day, Another Tariff Extension

• Stock bros largely shrugged off the worst-case scenario after Trump signed an executive order to extend the reciprocal tariff deadline to August 1 from July 9, buying negotiators a few extra weeks to hammer out deals.
• The White House’s form letters still make clear that if countries like Japan, South Korea and Malaysia don’t play ball, blanket tariffs will snap back to levels first proposed in April. Traders already reacted to Japan’s verdict with the yen crashing down 1.5%.
• Still, the market’s mood improved on hopes the extended timeline means more back-channel deals can get done — or at least that volatility might cool down in the short term.

📜 Risk Is Back on the Menu

• Despite Monday’s slide, the Nasdaq Composite remains near its record highs, with investors seeing any tariff-driven wobble as an excuse to reload big tech names. The Magnificent Seven, on that note, was flashing mostly green with Tesla (ticker: TSLA) looking to erase some of its steep 7% Monday loss.
• Some traders see the next leg up tied to fresh data or hints from the Fed, with July’s first full week featuring key economic releases and earnings season just around the corner.
• For today, though, the dip-buying squad appears to be locked in and onboard, betting that any Trump tariff fireworks are more bark than bite — and that tech can keep powering the market higher this summer.