Stock Market Today: Stocks mixed as markets seek clarity on tariff plans
U.S. stocks are riding a three-day winning streak, but tariff concerns linger over markets.
U.S. stocks were mixed in early Wednesday trading, while Treasury yields and the dollar held steady, as investors looked for clarity on President Donald Trump's tariff policies while awaiting key inflation data later in the week.
Updated at 11:11 AM EDT
Nvidia drag
Nvidia shares are moving firmly lower in early trading following a report suggesting the chipmaker's access to markets in China could be curbed by new environmental regulations.
London's Financial Times said China's economic planning director, the NDRC, has created new rules on energy efficiency that could prevent the sale of Nvidia's H20 chips, which were designed to comply with U.S. export restrictions.
Nvidia shares were last marked 4.4% lower at $115.36 each, dragging the Nasdaq and the S&P 500 into the red.
It's been a straight line lower since the open for NVIDIA $NVDA this morning, now down 5%+ on the day. Weighing heavily on the Nasdaq. pic.twitter.com/AQG5gWrOto— Bespoke (@bespokeinvest) March 26, 2025
Updated at 9:36 PM EDT
Mixed open
The S&P 500 was marked 36 points lower, or 0.1%, in the opening minutes of trading, with the Nasdaq down 73 points, or 0.4%.
The Dow gained 114 points while the mid-cap Russell 200 index rose 4 points, or 0.18%.
S&P 500 Opening Bell Heatmap (Mar. 26, 2025)$SPY flat ⬜$QQQ -0.20%
