<ul><li>Fintech stocks, including Affirm, PayPal, and Robinhood, plunge amid concerns over Trump tariffs impacting consumer spending.</li><li>President Trump's announcement of widespread tariffs led to a global market rout, causing fintech companies and credit card issuers to suffer.</li><li>Affirm's stock fell by 19%, while Robinhood and PayPal both slid by 10% and 8% respectively.</li><li>The announcement sent stocks reeling, wiping out nearly $2 trillion in value from the S&P 500 and reducing the Nasdaq by 6%.</li></ul>

Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

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