A merchant works on the New York Stock Exchange Prosecutor’s Office (NYSE) at the New York opening bell on April 16, 2025.
Charly Triballeau | AFP | Getty images
The shares fell on Wednesday as investors evaluated a striking warning of Nvidia which has put pressure on global technology.
THE Industrial average Dow Jones Lose 288 points, or 0.7%. THE S&P 500 fell 1.4% and the Nasdaq Composite pulled 2.2%.
Nvidia’s shares lost 6% after the chip giant said that it would display a Quarterly load of $ 5.5 billion linked to the export of its H20 graphic processing units to China and other nations. The company said in a file that the US government needed a license to send chips from the United States to China.
Other flea manufacturers followed NVIDIa below, with the Vaneck Semiconductor ETF (SMH) down almost 4%. Dmla slipped over 6%, while Micron technology Slipped 3%. Addition to the wider drop in fleas was a disappointing Gains report Since ASMLThe actions listed in the United States losing more than 5%.
Big Tech also felt pressure, dragged The magnificent seven seven index of CNBC More than 2% in the red. Meta-platforms slipped more than 2%, while Google-Parent Alphabet And Tesla Each has decreased by more than 1%.
“The S&P 500 is just much more an index focused on technology than in the past,” said Zachary Hill, head of portfolio management at Horizon Investments. “It has a disproportionate impact, both upward and downward, as we saw. We saw it last week, and now we see it reverse a little today.”
Wednesday’s action comes as investors are trying to sail in the increase in global trade tensions.
The United States has announced prices on many countries, including China. Some of these samples were put on hold for 90 days last week, although the rights to Chinese imports were not included in this judgment. During the weekend, President Donald Trump announced an exemption on prices against imports of smartphones and PCs, although he later hinted that it was only temporary.
Since the Trump administration announced for the first time its “reciprocal” prices on April 2, the S&P 500 and the Nasdaq Composite each slipped around 6%. The DOW lost around 5%.