May 2nd, 2025
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Many company stocks around the world went down on Wednesday. This was because the US government made it harder for companies like Nvidia to sell special computer chips for AI.
The S&P 500 price went down 1.2%. The Dow Jones price went down 0.6%.
The price of shares for two companies, Nvidia and AMD, went down. This happened because the U.S. government made new rules for selling computer parts used for AI.
Trump's team said they will look at minerals from other countries. People worried about trade problems again. These minerals are important for phones and electric cars.
In Britain, the stock market went down a little. Prices in the UK did not go up as fast in March. This happened because gas cost less money.
In Germany, the stock market went down a little. In Paris, the stock market also went down a little.
Stock prices in China went down. China said its economy grew 5.4% in the last three months. This was because factories made more things, shops sold more, and China sold more to other countries. But the economy grew slower than in the three months before.
The stock market in Hong Kong went down 2%. The stock market in Shanghai went up a little, 0.1%.
Economists think the economy will grow less. This is because the USA and China put more tax on things they buy from each other.
Experts say things are slowing down now.
We think the problem is because of the surprise, not the tax.
In Tokyo, the stock market went down a little.
Stock prices went down in South Korea and Australia today.
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 did not know about Trump's taxes, so they waited to see what would happen next.
Now, U.S. bonds are calm. People think they are safe again.
The 10-year bond was at 4.33%. It was lower than before. This means people felt better.
The U.S. dollar is strong now. It was weak last week. Some people think Trump's trade war is not good for the dollar.
Palantir's stock went up. NATO will use their AI.
On Wednesday, the price of oil in the U.S. went down. It was $60.64 for one barrel. The price of oil in the world also went down. It was $64.01 for one barrel.
Trump put taxes on things from other countries. People think this will make countries' economies grow slower. So, people will need less oil and other things.
The U.S. dollar price went down. The euro price went up.
May 2nd, 2025
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