Why Axon Shares Are Sliding Tuesday?

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President Donald Trump‘s threats against Iran on Tuesday fueled risk-off volatility across the S&P 500 and Nasdaq, with shares of Axon Enterprise Inc (NYSE:AXON) traded down significantly on Tuesday.

Meanwhile, U.S. durable goods orders declined by 1.4% in February — the third consecutive monthly decline.

The Nasdaq fell 1.16% while the S&P 500 shed 0.73% following the report. Investors are pivoting away from growth sectors as macro uncertainty rises.

Trump Warnings Alarm Dems, Republicans Alike

Trump posted on Truth Social Tuesday morning: “A whole civilization will die tonight, never to be brought back again.”

He added, “We ⁠will find out tonight, one of ​the most important ​moments ⁠in the long and complex …

Full story available on Benzinga.com

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