Group 1: H-1B Visa Fee Impact - President Trump imposed a one-time $100,000 fee on new H-1B visa petitions, causing immediate concern in the tech industry [2][3] - Shares of IT services companies like Infosys, Wipro, and Cognizant Technology Solutions saw notable declines, with Infosys ADRs dropping 3.41% to $16.97 and Cognizant down 4.75% to $66.94 [3] - Analysts expressed that the fee would significantly impact both Indian and US-listed IT companies, with predictions of skyrocketing employee costs [3][4] Group 2: Market Reactions to Tariffs - On August 1, 2025, Trump announced a 35% tariff on certain Canadian goods, leading to a 0.88% drop in the Toronto Stock Exchange and declines in major US indices [5][6] - The S&P 500 fell 1.6%, marking its largest decline since May, while the Dow Jones and Nasdaq also experienced significant drops [5][6] - Analysts noted that the combination of tariffs and weaker-than-expected employment data contributed to market volatility [6] Group 3: Broader Market Resilience - Despite policy-induced jitters, major US tech companies like Alphabet, Amazon, Apple, Microsoft, and NVIDIA showed resilience, with Alphabet trading at $235.15 and Amazon up 4.8% [10] - As of September 20, 2025, major indices reflected a mixed but generally upward trend, with the S&P 500 at 6,664.36 (+0.5%) and the Dow Jones at 46,315.27 (+0.4%) [11] - The ongoing uncertainty in economic policy continues to create a volatile environment for investors [11]