Stock Market today: US stocks tumble as Nvidia slides and the fog of Trump’s trade war thickens

New York — American stocks fell on Wednesday after NVIDIA warned new restrictions on exports to China that will succeed billions of dollars from their results, while companies around the world said that President Donald Trump’s trade war excels on expectations for how to do and economy this year.

S& P 500 sank 2.2 % after up to 3.3 % earlier. Such an amount would compete for one of its worst losses in the years before the historical chaotic fluctuations that have raised Wall Street in recent weeks.

The Dow Jones industrial rate decreased 699 points, or 1.7 %, and Nasdaq boiled by 3.1 %.

The losses that accelerated after the Federal Reserve Chairman said once again said that the Trump tariff seems greater than it expected, which in turn may slow the economy and increase inflation more than previously thought. But Jerome Powell also said again that the Federal Reserve would need more time before deciding whether interest rates should be low, which may help the economy but increase inflation, or to do the opposite.

“All this is very uncertain,” said Powell. “We are now thinking, really before the definitions have its effects, (about) how it can affect the economy. For this reason we are really waiting to see what policies are ultimately, and then we can make a better evaluation of what economic effects will be.”

More | Powell says that the Federal Reserve can wait for any interest rate movements

NVIDIA decreased by 6.9 % after it said that the US government was restricting the exports of H20 chips to China, noting that it could be used to build a super computer. These restrictions may mean success of $ 5.5 billion in NVIDIA results for the first quarter, covering fees related to stock and purchase obligations.

Advanced advanced devices sank 7.3 % after saying that the American border on exports to China for its own chips may mean success of $ 800 million for stock and other fees.

In Amsterdam, ASML shares sank 5.2 %. The Dutch company, whose machines are making chips, said the demand for artificial cracking technology continues to advance growth. “However, the recent tariff ads have increased the uncertainty in the total environment and the situation will remain dynamic for a period of time,” said CEO CEO.

The uncertainty about Trump’s trade war was planning companies throughout industries and around the world. It is very dynamic that United Airlines gave different financial predictions to how it performs this year, one if there is stagnation and one if not.

The airline said it has taken an extraordinary step to give twin expectations because it believes that it is “impossible to predict this year with any degree of confidence.”

United’s shares ended almost flat, although it was reported to be stronger for the last quarter of what analysts expected.

Many investors are preparing for a possible stagnation due to the Trump tariff, which he said hoped to restore manufacturing functions to the United States and reduce their import from other countries more than export. A survey of international fund managers by Bank of America found that recession expectations are fourth in the highest level in the past twenty years.

The World Trade Organization said on Wednesday that it expects the definitions to cause a 0.2 % decrease in the volume of global merchandise trade for 2025. This is if the tariff situation remains as it was on Monday. The World Trade Organization said that trade may decrease by 1.5 % this year if the circumstances worse.

“The permanent uncertainty threatens to work as a brake on global growth, with severe negative consequences for the world, which is the most vulnerable economy in particular,” said Ocunjo Euila Director -General, General Manager of Oldo Euila, said.

One of the American companies that transport products around the continent, JB Hunt Transportes, decreased by 7.7 % for one of the most severe Wall Street losses, although it was reported a little stronger profit for the last quarter of what analysts expected.

He was told, s& P 500 decreased 120.93 points to 5,275.70. Dow Jones 699.57 decreased to 39669.39, and Nasdaq Composite Composite 516.01 to 16,307.16.

Definitions can increase inflation, at least temporarily, by paying American importers to transfer the highest costs of their customers.

Fears of these price increases prompted the distraction of spending last month, and sales in retailers in the United States accelerated by more than expected economists. Economists said that many of this would have been possible for shoppers to buy cars, electronics and other elements before their prices rose due to possible tariffs.

Recent survey studies have shown that living families feel more pessimists towards the economy due to the customs tariff, and fear is that it can lead them to eventually back down from their spending, which may cause stagnation on its own.

Treasury revenues fell in the bond market, and took their leg in the wake of the comments from the Federal Reserve Chair. The return on the cabinet decreased for 10 years to 4.28 % from 4.35 % late on Tuesday and 4.48 % at the end of last week.

It is another noticeable step for the bond market and somewhat returning to forming after an unusual rise in revenues last week that shook investors and Trump.

Treasury revenue usually decreases when investors are concerned about the economy, and last week climbing fears that the trade war may cause investors to guess the reputation of US government bonds as one of the most possible investments in the world.

In stock markets abroad, indexes fell across a large part of Asia and were mixed in Europe.

The shares decreased by 1.9 % in Hong Kong, 1 % in Tokyo, 1.2 % in Seoul and 0.1 % in Paris.

FTSE 100 increased by 0.3 % in London after the government said that inflation in the UK decreased for the second month in a row in March, significantly as a result of low gas prices.

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Ap Matt Ott and Elaine Kurtenbach business authors.