US stock market loses more than 1.5 trillion dollars in one day
Photo: Internet
Published at: 17/04/2025 10:03 AM
The US Stock Exchange loses more than 1.5 trillion dollars in one day, after the speech of the president of the Federal Reserve, Jerome Powell, he warned of the possible negative impact of the tariffs imposed by Donald Trump.
Powell, pointed out that the economy could slow down and inflation increase, reports the news agency Venezuela New.
The Nasdaq index fell more than 3%, being the most affected by losses, while the S&P 500 fell 2.2% and the Dow Jones lost close to 700 points.
For its part, the company Nvidia suffered a 7% drop in its shares due to new restrictions on the export of chips to China. This effect represents an estimated loss of $5.5 billion per quarter.
Although the technology sector had recovered some of its value after a temporary pause in tariffs, new reciprocal tariff measures and the tightening of the Federal Reserve's discourse set off alarm bells again.
Mazo News Team