Nvidia looks set to fall sharply following President Donald Trump’s imposition of sweeping tariffs on imports to the U.S. The chip maker escaped specific levies but the wider market reaction and fears of Chinese retaliation are set to drag on the shares.

Stock markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatened to plunge the US and global economies into a recession.

US stock futures are pointing at a sharp decline on Thursday after President Trump announced a 10% tariff on all US trading partners, triggering widespread market uncertainty and shaking the global trade landscape.

Lucid delivers 3,109 cars in the first quarter, the highest quarterly total in the company’s history and in line with Wall Street estimates.

With stocks falling as a result of Wednesday's tariff announcement, investors may see a built-in feature of the stock market triggered: a circuit breaker. Circuit breakers temporarily pause trading across all exchanges for single stocks and indexes when they rapidly increase or decrease.

U.S. stocks suffered a brutal fall amid rising fears over the ongoing trade war, marking their worst quarter since 2022. Investors and experts

Technology stocks were among the worst hit by the White House’s tariff announcement. Heavy levies on imports from China, Taiwan, Vietnam and other Asian countries are set to test hardware supply chains,

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 2.4 million barrels, the EIA said. Refinery crude runs fell by 192,000 barrels per day last week, the EIA said. Refinery utilization rates fell by 1 percentage point in the week.