Hello everyone, it’s Wednesday, April 16, 2025. The US markets are in a bizarre lull—trading volumes have tanked and investor attention seems to have shifted into survival mode, all while everyone’s waiting for Trump to drop his next tariff bomb. Despite the quiet, Trump hasn’t been idle. Instead, he’s launched a fresh offensive focused on critical metals—rare earths, 
CO1! , nickel, and the like—to curb America’s reliance on China. This move is the latest twist in his ongoing tariff war and has stirred renewed anxiety among market players.
On the tech front, things got even murkier when
NVDA reported a massive $5.5 billion charge linked to its H2O chips designed to bypass export restrictions—a setback that led to canceled orders and inventory wipeouts. To add insult to injury, Nvidia simultaneously announced a colossal $500 billion investment in the US, yet its shares still dipped 6% in after-hours trading, dragging along 
AMD and 
AVGO .
Overall, US futures (
ES1! ) are sliding as investors grapple with the persistent fear of another unpredictable tariff derailment. With the uncertainty thick in the air and Trump’s next move always around the corner, all eyes are now on Powell’s upcoming speech, which might—or might not—offer some clarity. For now, the market remains on edge, caught in a relentless cycle of unpredictability and nerves.
CO1! , nickel, and the like—to curb America’s reliance on China. This move is the latest twist in his ongoing tariff war and has stirred renewed anxiety among market players.On the tech front, things got even murkier when
NVDA reported a massive $5.5 billion charge linked to its H2O chips designed to bypass export restrictions—a setback that led to canceled orders and inventory wipeouts. To add insult to injury, Nvidia simultaneously announced a colossal $500 billion investment in the US, yet its shares still dipped 6% in after-hours trading, dragging along AMD and AVGO .Overall, US futures (
ES1! ) are sliding as investors grapple with the persistent fear of another unpredictable tariff derailment. With the uncertainty thick in the air and Trump’s next move always around the corner, all eyes are now on Powell’s upcoming speech, which might—or might not—offer some clarity. For now, the market remains on edge, caught in a relentless cycle of unpredictability and nerves.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.