U.S. stocks plummeted Monday afternoon after President Donald Trump confirmed that blanket tariffs on Canada and Mexico would begin Tuesday. The Dow Jones Industrial Average was down nearly 800 points,
U.S. stock futures rose on Monday night after President Donald Trump said his tariffs on Canada and Mexico would take effect on Tuesday. Futures tied to the Dow Jones Industrial Average added 87 points, or 0.2%. S&P 500 futures and Nasdaq 100 futures also climbed 0.2%.
Nvidia (NVDA.US) took a severe hit, plunging as much as 10% to bottom at US$112.28 on Monday before closing down 8.7%. The single-day slide wiped US$265 billion off its market value, bringing its total market cap to US$2.
The stock of chipmaker Nvidia (NVDA) declined 9% on March 3 to finish trading at its lowest level in six months and erasing $265 billion from
Once boasting of a market capitalisation in excess of $3 trillion, Monday's slide wiped out another $265 billion from the company's overall value, taking it down to $2.79 trillion. Nvidia shares have slumped 13% since the chipmaker reported earnings last week.
US stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada, Mexico and China to go into effect by the midnight deadline.
Nvidia shares slid Monday, extending last week's post-earnings losses amid concerns about AI spending and the potential impact of policies on tariffs and AI chip export restrictions.
US stocks tumbled after Trump confirms 25% Mexico and Canada tariffs will begin Tuesday. Crypto also gives up gains made on strategic crypto reserve.