Global actions fell on Wednesday after new American export restrictions on the AI advanced fleas to China, fueling fears of a business war intensification and pushing gold prices to a new record, Reuters reported.
The Biden administration has introduced new license rules on flea sales in China, affecting the M208 H20 and NVIDIA AMD processors. Nvidia said the change would cost the company $ 5.5 billion, sending its shares by almost 7%.
The MSCI World stock index fell by around 1.5%. At Wall Street, the DOW dropped by 1.7%, the S&P 500 slipped 2.2%and the NASDAQ dropped by 3.1%, hit hard by technological losses.
“The capital markets remain taken between the news on the new prices and, on the other hand, on negotiations or tariff suspensions,” wrote Paul Christopher of Wells Fargo Investment Institute.
The president of the federal reserve, Jerome Powell, said that the Fed would remain cautious, awaiting other economic data before adjusting the rates. He described the recent market volatility as a rational response to pricing upheavals of the Trump administration.
“Powell does what we do the rest – while waiting and looking at,” said Jamie Cox by Harris Financial Group.
Retail data data has shown a March increase while Americans rushed to buy vehicles before potential rates. However, discretionary expenses have shown signs of tension.
President Trump has launched a new investigation into critical mineral import prices and examines the samples on pharmaceutical and semiconductors. China would have responded to Boeing aircraft deliveries.
European shares have also decreased, the Stoxx 600 down 0.2%. Asian markets have seen mixed results: Hang Seng fell 1.9%, while Chinese blue chips increased 0.3% on positive pre-taarified GDP.
Gold climbed 3.5% to a record of $ 3,339 per ounce. Anz Bank now provides that gold reaches $ 3,600 by the end of the year in the middle of the safe request.
The yields of the US Treasury slipped, the 10 years falling to 4.283%. Merchants expect the Fed to start reducing rates by June.
The dollar index dropped by 0.7%, its lowest since April 2022, while investors were looking for refuge in the Japanese Yen and the Swiss franc, which increased by 0.8%and 1.2%respectively.
Oil increased on American sanctions against Chinese Iranian Brut importers, while Bitcoin increased by 0.5% to $ 84,389, although dropped by almost 10% in 2025.