Stock market today: Dow, S&P 500, Nasdaq drop amid tariff turmoil, earnings misses

Given the bearish sentiment around tech stocks following the earnings misses and ongoing tariff concerns, it seems prudent to anticipate continued downward pressure in the tech sector. Marvell, which has already shown significant volatility with its negative outlook, is indicative of a broader trend. Investors should be cautious with tech stocks, particularly those heavily involved in AI and semiconductors. Nonetheless, diversification may alleviate risks.

Macy's issued a weak outlook which resulted in its stock dropping, reflecting challenges for traditional retailers amidst inflationary pressures and tariff impacts. Given the current economic climate and concerns surrounding consumer spending, it's likely that Macy's stock may continue to struggle in the short term until solid indicators of recovery are observed.

Despite the overall bearish market sentiment, Alibaba is experiencing positive movement due to gains from its AI developments, indicating resilience in certain segments of tech. However, the cautious outlook of the overall economy may temper more aggressive growth expectations. Investors might see short-term gains, but should remain cautious about broader regional impacts.