Source: Yahoo! Finance
“US stocks tumbled on Wednesday with tariff fears returning to Wall Street in earnest, as Nvidia revealed costly new curbs on chip exports to China and Fed Chair Jerome Powell warned of the ‘challenging’ impacts to come from the uncertainty around President Trump’s trade policy. The benchmark S&P 500 dropped more than 2.2% while the Dow Jones Industrial Average shed roughly 700 points, or around 1.7%. The tech-heavy Nasdaq Composite fell over 3% as the new chip provisions weighed on the tech sector.” (04/16/25)