US EditionUS stocks lower as Nvidia weighs on Nasdaq
- Wall Street stocks opened lower on Wednesday, April 16, with the Nasdaq declining sharply.
- New US licensing rules restricting chip exports to China created market concerns.
- Nvidia's shares decreased, pulling down major indexes like the S&P 500 and Dow Jones.
- Nvidia anticipates a $5.5 billion expense due to new US restrictions; Nvidia shares plunged nearly 7%.
- The decline in Nvidia shares reflects concerns about trade tensions and future growth for the company.
21 Articles
21 Articles
Jensen Huang's net worth tumbles after Nvidia stock slide
Jensen Huang is CEO of chip maker Nvidia.AP Photo/Nic CouryJensen Huang's net worth is down almost a fifth this year to $91.8 billion.Nvidia stock fell sharply on Wednesday and is now down almost 25% this year.Warren Buffett and Amancio Ortega are the only centi-billionaires to post wealth gains this year.Jensen Huang's net worth is down by almost a fifth this year after Nivida stock's slide on Wednesday.The CEO is $22.6 billion less well off an…
Trade conflict: ++ According to US Federal Reserve Chief, stock prices are falling – Nvidia at minus ten percent ++ Liveticker
Statements by US Federal Reserve Chief Jerome Powell raise concerns among investors. After a speech by him, prices on Wall Street fall. In Japan, however, the mood is better. And the oil price continues to rise. All developments on the customs dispute in the live ticker.
LancasterOnline
US stocks fall after Nvidia's decline and Trump's escalation of trade war
NEW YORK (AP) — Stock prices fell Wednesday on the New York Stock Exchange after Nvidia warned that new restrictions on exports to China will hurt its bottom line by thousands of dollars.
US stocks drop as Nvidia slides and the fog of Trump's trade war thickens
U.S. stocks dropped as the costs of U.S. restrictions on global trade compounded. The S&P 500 fell 2.2% Wednesday. The Dow lost 1.7%, and the Nasdaq composite sank 3.1%. Losses accelerated after the Federal Reserve’s head said President Donald Trump’s…
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