Market Turbulence Amid Trade War Talks

On Thursday, the United States stock market experienced significant downturns as discussions about recent tariffs, particularly those affecting China, raised concerns over the future of trade, especially in the chip sector. Microsoft Corporation has called on the Trump administration to ease restrictions in this area to foster development, highlighting the challenges faced.

Indexes and Stocks Affected

The Dow Jones Industrial Average saw a decrease of 0.45%, or 193 points, with Nvidia Corporation's shares diving by 8.48%. The Nasdaq 100 took a harder hit, slumping by 2.75%, or 581 points, as MicroStrategy Inc. shares plunged by 8.82%. The S&P 500 also declined by 1.58%, with Teleflex Inc. experiencing a sharp drop of 21.69%.

Currency Movements

Meanwhile, the euro remained stable against the dollar, selling for $1.04013 at 4:16 pm ET.