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Stock market today: Live updates

Dealers work on April 29, 2025 in New York City on the ground of the New York Stock Exchange (NYSE).

Angela Weiss | AFP | Getty pictures

The shares -Futures fell on Wednesday to complete a volatile April after data had shown that the US economy had a contract in the first quarter when President Donald Trump’s Flurry, especially in the trade, removed the business atmosphere.

Dow Jones Industrial Average Futures Pour 351 points or 0.8%. S&P 500 Futures were switched off 1.3%while Nasdaq 100 futures 1.8%lost.

The gross domestic product in the first quarter decreased with a price of 0.3%, the trade department said on Wednesday, which corresponds to a rapid reversal compared to an increase in the fourth quarter. Imports rose by 41% in the last quarter and subtracted from GDP, as a company, try to provide Trump’s global commercial struggle.

A separate report by ADP also signaled an economic slowdown, whereby the private growth of the salary statements slowed down to only 62,000 a month in April. That was well under the Dow Jones consensus estimate of 120,000 economists.

The acidic GDP data have shaped a damper on a remarkable comeback in shares for April. Trump’s comprehensive “mutual” notice of tariffs on April 2 sent the stock market into a tailpin, with the S&P 500 declining by one point by one point by more than 11% for the month and by almost 20% compared to the recarcry in February. There was a comeback when Trump went back the stiffer tasks and the S&P 500 decreased by almost 1% a month in Wednesday.

The most important average values ​​ended on Tuesday after the Minister of Commerce Howard Lutnick CNBC announced that the White House was shortly before the announcement of a trade agreement was not named. Later in the afternoon, Trump said that the collective bargaining with India is “great” and that the United States could soon make an agreement with the nation.

However, the sale returned on Wednesday, whereby the weak GDP report caused concerns that the chaos caused by Trump’s political flurry may have already led the economy to a recession before significant trade agreements are issued.

Shares of artificial intelligence chip darling Nvidia In the idea of ​​more than 3% in sympathy with the decline in the server manufacturer Super Micro Computer of more than 19%. Super Micro achieved weak preliminary results for the third quarter.

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