The S&P 500 Index ($SPX) (SPY) today is down -1.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.98%. June E-mini S&P futures (ESM25) are down -1.25%, and June E-mini Nasdaq futures (NQM25) are down -2.01%.
Stock indexes today are trading lower, weighed down by losses in chip stocks. ASML Holding NV is down more than -6% after reporting that Q1 bookings were below consensus. Also, Nvidia is down more than -7% after the US government barred the sale of its H20 chips to China, with Nvidia saying the ban will cost it $5.5 billion in Q1 tied to inventory and commitments for the chip. Stock losses deepened today after the WTO cut its 2025 global trade estimates.
