Most shares around the world went down on Wednesday. This happened because the U.S. put stricter rules on sending advanced computer chips used for AI, which affected companies like Nvidia.

The S&P 500 futures dropped by 1.2%, and the Dow Jones Industrial Average futures fell by 0.6%.

Shares of the chip company Nvidia dropped by 6.3% after the stock market closed. This happened because the U.S. put in place stricter rules about sending one of their chips, used for artificial intelligence, to other countries. Shares of another chip company, AMD, also went down by 7.1% after the U.S. markets closed.

Worries about a trade war started again when the Trump government announced they would investigate imports of important minerals like rare earths. These minerals are used in many products such as mobile phones and electric cars.

This morning in Europe, the main British stock market, the FTSE 100, fell by 0.2% to 8,233.10. This happened after the government said that prices in the UK went down for the second month in a row in March. The main reason for this was lower gas prices.

The main stock market in Germany, called the DAX, went down by 0.7% to 21,107.68. At the same time, the CAC 40 in Paris also went down by 0.6% to 7,289.67.

Stock markets in China fell more than others in the region. This happened after the Chinese government said the country's economy, which is the second largest in the world, grew by a good 5.4% in the last three months of 2024. Strong factory production, shopping, and exports helped this growth. But, growth was slower in the first three months of 2025 compared to the end of 2024. It grew by 1.2% instead of 1.6%.

The main stock market in Hong Kong, the Hang Seng, fell by 2% to 20,922.54. Meanwhile, the Shanghai Composite index went up a little by 0.1% to 3,271.19, getting back some of what it had lost.

Economists in private companies have made their predictions worse. This is because President Donald Trump recently increased taxes on most things from China to 145%, and China also increased its taxes on things from the U.S. to 125%.

Experts at ANZ Research said that business is already slowing down this quarter.

Raymond Yeung and other researchers from ANZ bank said in a report that they think the problems from the sudden tariff increases are mainly because they are unpredictable, not just because of the higher cost. They also said that President Trump's announcements have negatively affected how businesses feel and what they do.

In Tokyo, the Nikkei 225 index fell by 1% to 33,920.40. This was mainly because large technology companies lost value. For example, Advantest, a company that makes equipment to test chips, saw its shares fall by 6.6%. Also, Disco Corp.'s shares dropped by 8%.

In South Korea, the Kospi stock index fell by 1.2% to 2,447.43. In Australia, the S&P/ASX 200 went down a little, by less than 0.1%, to 7,758.90.

India's Sensex stayed mostly the same, and Bangkok's SET went down slightly by 0.1%.

On Tuesday, stock prices in the U.S. went down a little. The S&P 500 fell by 0.2%, and the Dow fell by 0.4%. The Nasdaq composite also went down a very small amount, less than 0.1%.

Because they were unsure about President Donald Trump's tariffs, investors waited to see what would happen.

The U.S. bond market seemed to calm down after the sudden and big changes last week. These changes made people less sure that U.S. government bonds are a safe place to invest their money when things are risky.

The interest rate on 10-year government bonds stayed at 4.33%. This was lower than 4.38% on Monday evening and 4.48% at the end of last week. A week before that, it was only 4.01%. Interest rates often fall when investors are worried, so the changes this week have made people feel more confident.

The value of the U.S. dollar also became stable after falling a lot last week. This made people more worried that Trump's trade war might also be hurting its position as a safe investment.

Palantir Technologies' stock increased by 6.2% for the second day. This happened after NATO said they would use the company's AI technology in their military operations.

Early on Wednesday, the price of US oil went down by 69 cents to $60.64 a barrel. At the same time, the price of Brent crude, which is the international standard, dropped by 65 cents to $64.01 a barrel.

Because of Trump's tariffs, people expect economies to grow more slowly, which reduces the need for oil and other materials.

The U.S. dollar dropped against the Japanese yen, going from 143.24 to 142.26 yen. The euro increased in value compared to the dollar, moving from $1.1283 to $1.1377.