The American markers Wall Street retreated today Wednesday (16.4.2025), influenced by the “dip” of its stock Nvidia which has been pressured in world technology.
The Dow Jones industrial index loses 0.38%. The S&P 500 fell 1.08% and Nasdaq by 1.88%. Nvidia’s shares lost 6% after the chip giant said it would expect losses of $ 5.5 billion related to the export of H20 Graphic Processing Units in China and other states.
The company said in a deposition that the US government required a license to send a US chip to China. Other chips manufacturers followed Nvidia lower.
Today’s action comes as investors are trying to focus on increasing global commercial tensions.