Web Trader MT4 
Nvidia Stocks Fell More than 6% on Wednesday
On Wednesday, US markets fell sharply after Powell’s speech in Chicago as he warned of higher inflation resulting from increasing tariffs. The Fed chairman highlighted the difficulty that the policy markers will face in achieving the Federal Reserve’s dual mandate of controlling inflation and maintaining high employment numbers. Invidia shares suffered big losses yesterday as the stock fell 6.9% by the close.
The Dow Jones Industrial Average fell nearly 700 points yesterday or 1.73%, closing at 39,669.39. The S&P 500 dropped 2.24% and closed at 5,275.70, . The Nasdaq Composite closed 3.07% lower at 16,307.16.
Volatility Index Edges Higher Again
As fears of a recession continue to weigh on the markets, The VIX rose 4 points to above 34, after three sessions of declines. The index had previously touched 60 this month amid tariff-related market volatility.
Australia’s March job additions of 32,200 missed the expected 40,000, while unemployment rose to 4.1% from 4%, though below the forecast 4.2%.
Japan’s March exports grew 3.9% year-over-year, below the expected 4.5% and February’s 11.4% gain. The trade deficit narrowed to 544.1 billion yen, though exceeding estimates of 485.3 billion yen.
The European Central Bank (ECB) may cut interest rates today amid recession concerns due to US tariffs, falling inflation, and euro strength.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEError! Please try again.
