17 April | S&P 500

Fears of slowing US growth drag down S&P 500 — Reuters

Fears of slowing US growth drag down S&P 500 — Reuters

Reuters reports that US stocks fell sharply on Wednesday due to concerns about slowing economic growth and rising import tariffs. Major indices suffered significant losses, with the S&P 500 declining 2.24%, the Dow Jones dropping 1.73%, and the Nasdaq falling 3.07%. This market volatility reflects increased investor and business uncertainty over US trade policy.

Nvidia shares tumbled after the company announced a $5.5 billion charge due to American restrictions on exporting certain chips to China, one of its primary markets. This move is part of the ongoing trade tensions between the US and China, which recently raised tariffs on American goods.

Federal Reserve Chair Jerome Powell noted a slowdown in US GDP growth in the first quarter and warned that inflation could rise due to new trade restrictions. Powell indicated that the central bank will await further economic data before making a decision on interest rates.

Elena Dorokhina MarketCheese
Period: 06.11.2025 Expectation: 250 pips
Invest in natural gas to capture $3.500 in growth amid soaring demand
Today at 11:49 AM 10
Period: 30.11.2025 Expectation: 6400 pips
Buying GBPUSD amid stronger UK economic data
Today at 11:07 AM 11
Period: 31.12.2026 Expectation: 5500 pips
Buying AUDUSD with 0.69000 in view
Today at 10:34 AM 14
Period: 06.11.2025 Expectation: 2440 pips
Selling USDJPY as dollar gets less support
Today at 07:08 AM 15
Period: 30.11.2025 Expectation: 800 pips
Selling AUDCAD from technical resistance
Yesterday at 11:55 AM 28
Period: 05.11.2025 Expectation: 1050 pips
EURUSD corrects ahead of key Fed decision
Yesterday at 11:51 AM 50
Go to forecasts