US stock contracts have dropped after NVIDIA (Nvda) revealed new expensive borders on flea exports to China, and investors faced the uncertainty about President Trump’s trade policy.
Future attached to the industrial Dow Jones average (Ym = f) collapsed by 0.3%. Future attached to the S&P 500 reference (Es = f) dropped by 0.8%. Future attached to the Nasdaq composite rich in technology (Nq = f) Dove 1.4%.
From 12:16:07 HAD. Market open.
YM = F ES = F Nq = f
A new NVIDIA file Tuesday showed that the US government demanded licenses for exports to China from the company’s artificial intelligence china of the company. The chip giant said that this decision would lead to $ 5.5 billion in the company, which dropped its actions in trade after working hours.
Earlier in the day on Tuesday, American stocks have lost steamderiving lower after a in short rally While the trajectory of Trump’s trade policy continues to perplex Wall Street.
The tariffs on key imports remain in the air. Exemptions from automotive tasks would be under study, while the ultimate fate of Recently interrupted prices on consumer electronics is unknown. At the same time, the Trump administration is preparing the way for new samples Pharmaceutical and semiconductor importsas well as Critical minerals.
Read more: the last on Trump’s prices
The future of prices affecting American trade partners is also troubled. The president praised in progress negotiations with the countries, Other than ChinaSince Establish a 90 -day break on most “reciprocal” prices Last week.
In a Exclusive interview with Yahoo Finance Tuesday, Treasury Secretary Scott Bessett said he expected to see “substantial clarity” on prices with the main American trade partners, excluding China, before the 90 -day Trump break.
“Once we reach a level on which we agreed and have agreed to reduce their prices, reduce their non -tariff barriers, the manipulation of currency and industry and work subsidies, then I think we can go ahead,” said Bessett.
Wednesday, investors will monitor the new data from the Census Office on retail sales warnings of an economic slowdown Stack at Wall Street.
In products, gold (GC = F) has reached a new record because the climbing of the trade war between the United States and China pushes investors to safe shelters. Bullion exceeded $ 3,275 for the first time late Tuesday evening after winning 1.4% throughout the day.
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