:max_bytes(150000):strip_icc()/GettyImages-2209931238-4b99097e0b984e148feef5518e6802ab.jpg?w=1920&resize=1920,1267&ssl=1 "Nvidia, ASML, Abbot Laboratories and More")
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key takeaways
- The major American equity index fell in the afternoon on Wednesday, as the semiconductor stock tumbled amid concerns about the new chip export sanctions for China.
- After NVIDIA and AMD, the semicondia stock was submerged and warned that they would make allegations after the Trump administration has left the export of chipmakers to China.
- The price of gold in shares of pneumont, gold fields and other miners climbed a fresh record high level.
The major US Equity Index lost the ground in the afternoon on Wednesday, as the semiconductor stock tambled amid concerns about the new chip export sanctions for China.
Tech-Havi Nasdac and S&P 500 were 1.9%and 1%below respectively, while Dow Jones Industrial Average slipped 0.3%.
After NVIDIA (NVDA) and Advanced Micro devices (AMD) the semeconductor stock sank and will take a hit after the Trump administration will take a hit after curbing China’s exports to curb the export of chipmakers. NVIDIA, AMD, and Broadcom (AVGO) shares were all less.
After the Dutch manufacturer of the semiconductor-producer machinery, the shares of ASML Holding (ASML) have declined, reported worse-to-first earnings and released a soft approach.
Shares of Abbott Laboratories (ABT) jumped after drugs and healthcare products manufacturer, which reported better-first quarterly results.
The United Airlines (UAL) reported that the records swung for profit in the first quarter on revenue.
Gold price in shares of Pneumont (NEM), Gold Fields (GFI), and other miners reached a fresh record high level, as investors flock to safe shelter property amidst economic uncertainty.
Lyft (LYFT) shares increased as Openhaimer introduced the coverage of the rideshare company with a “outperform” rating.
The futures of crude oil increased and the yield on a 10 -year Treasury note decreased. The US dollar lost the ground against the euro, yen and pounds. The price of bitcoin rose, while prices fell for many other major cryptocurrency.
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