Canada's main stock index rose on Wednesday as technology and metal mining shares notched gains, despite confusion around the timing of a deadline for U.S. tariffs on Canadian goods.
Technology shares were the leading losers among S&P 500 sectors as solid earnings reported by Nvidia late Wednesday were offset by President Trump's confirmation that 25% tariffs on Mexico and Canada are on track to go into effect next week,
Stocks finished sharply lower after President Donald Trump said that Mexico and Canada wouldn't avoid 25% tariffs on imports due to go into effect on Tuesday. Stocks saw a positive start to the week a
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Tuesday. The stock market is reacting after President Donald Trump reiterated tariffs threats to Mexico and Canada.
Wall Street declined sharply Monday after Trump confirmed the tariffs would be enacted.These stocks were poised to make moves Tuesday:Electric-vehicle maker Tesla was down 1.7% in premarket trading after falling 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
High tariffs on all goods from Mexico and Canada have put the US stock markets under pressure. For Nvidia, accusations from Singapore are making matters worse.
Canada's privacy watchdog said on Monday he was seeking a court order against the operator of Pornhub.com and other adult entertainment websites to ensure it obtained the consent of people whose images were featured.
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.
Also in the semiconductor industry, Intel (INTC) gained 1.5% after Nvidia and Broadcom (AVGO) were said to be testing out chip production with the company. Intel was a large recipient of government funding from former President Joe Biden’s CHIPS & Science Act, signed in 2022.
Mizuho analysts warned Friday that Nvidia could face significant new China AI and export license restrictions, potentially reducing revenues by $4 billion to $6 billion in the second half of the year.