US stocks lower as Nvidia weighs on Nasdaq

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NEW YORK: Wall Street stocks fell early Wednesday (Apr 16) despite strong US retail sales data, with the Nasdaq decisively lower after Nvidia disclosed a large financial hit from American export restrictions to China. US retail sales grew 1.4 per cent last month to US$734.9 billion. The figure, which was slightly above analyst expectations, was powered by the auto sector as consumers rushed to buy goods before new tariffs kicked in. Shares of Nvidia slumped nearly 6 per cent as the chip company

US stocks lower as Nvidia weighs on Nasdaq https://www.channelnewsasia.com - 16.04.2025 18:33
US stocks lower as Nvidia weighs on Nasdaq https://www.channelnewsasia.com/ - 16.04.2025 17:43

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US stocks lower as Nvidia weighs on Nasdaq https://www.channelnewsasia.com - 16.04.2025 18:33
US stocks lower as Nvidia weighs on Nasdaq https://www.channelnewsasia.com/ - 16.04.2025 17:43