strange night last night, markets smashed, but commodities up
First bit of company related tariff news
"The Dow Jones Industrial Average dropped nearly 700 points, or 1.7%. The S&P 500 slid 2.24%, weighed down by losses in the tech sector. The Nasdaq Composite sank 3.07%, edging closer to bear market territory. Nvidia shares plunged 6.9%, heading for their worst day since January, after the company disclosed a $5.5 billion quarterly charge. The charge stems from new US export restrictions requiring a license to ship its H20 graphics processing units to China and other countries, the chipmaker said in a regulatory filing."
"Stocks extended losses and bonds rose, breaking a brief spell of calm in markets, after Federal Reserve Chairman Jerome Powell warned trade tensions may undermine employment and price stability while signalling he’s in no hurry to act to soothe investors."
WDS Price at posting:
$19.32 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)