Here’s what investors are watching on Wednesday, April 16.
Nvidia (NVDA) shares fall after a filing showed that new US restrictions on exports to China will cost the company roughly $5.5 billion. ASML (ASML) stock is under pressure after reporting its orders fell short of expectations amid tariff uncertainty.
US Treasury Secretary Scott Bessent tells Yahoo Finance that there will likely be “substantial clarity” on tariffs by the time Trump’s 90-day deadline is reached. China signaled it is open to tariff talks with the US if the Trump administration is respectful and names a point person, according to Bloomberg.
United Airlines (UAL) provides investors with a dual outlook based on whether the US economy sees a recession.
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