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US stocks fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over ...
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Investor's Business Daily on MSNStock Market Today: Dow Jones Tumbles 600 Points On Fed Powell's 'Watch Mode' Amid 'Persistent Inflation' Fears ; Nvidia Drops On Trump Curb (Live Coverage)Sellers took center stage early Wednesday as news of a possible China trade barrier for Nvidia put a chill on tech firms specializing in artificial intelligence, and the markets in general.
Fed chief Jerome Powell also indicated the Fed will take a wait-and-see approach on pursuing the interest rate cuts yearned for by Trump and many others.
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