May 2nd, 2025
Stock prices around the world went down on Wednesday. This happened because the U.S. made new rules. The rules make it harder to send special computer parts to other countries. These parts are used for smart computers.
Prices for shares went down.
Nvidia's shares went down a lot. The U.S. said Nvidia cannot sell a computer chip for AI. AMD's shares also went down a lot.
Trump's government is looking at minerals from other countries like rare earths. These minerals are in phones and cars. This made people worry about a trade war again.
British shares went down a little in the morning.
Stocks in Germany went down 0.7%. Stocks in France went down 0.6%.
China's stock market went down. The Chinese government said their economy grew 5.4% last year. This was because factories made many things, people bought many things, and China sold many things to other countries. But from January to March, the economy grew less than before, only 1.2%.
Hong Kong stocks went down 2%. Shanghai stocks went up a little.
Economists think the economy will be worse because the US and China put new taxes on goods.
Experts say business is slower now.
We think the problem is the surprise, not the tax.
In Tokyo, the stock market went down a little.
Stocks in South Korea went down a little, and stocks in Australia went down just a tiny bit.
The stock market in India did not change much. The stock market in Bangkok went down a little.
On Tuesday, stocks in the U.S. went down a little.
People who put money in businesses watched because they were not sure about President Trump's taxes.
The U.S. bond market is calmer now after big changes last week.
The price was 4.33%. On Monday, it was 4.38%. Last week, it was 4.48%.
The U.S. dollar stopped falling. People were worried about the trade war.
Palantir shares went up because NATO will use their AI technology.
On Wednesday, oil prices went down. U.S. oil lost 69 cents. It cost $60.64. World oil lost 65 cents. It cost $64.01.
Trump's taxes mean the economy will be slower, so people will use less oil.
The dollar went down. The euro went up.
May 2nd, 2025
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