Stocks plummet due to Nvidia's earnings hit, export restrictions, and Fed tariff warnings

From Yahoo Finance: 2025-04-17 00:04:00

Stocks dropped after Nvidia’s announcement of a $5.5 billion earnings hit and export restrictions. Federal Reserve Chair Jerome Powell’s warning of tariff-driven stagflation risk added to losses. Tech-sector declines and missed earnings reports intensified the market plunge. The potential scenario could handcuff the Fed if inflation surges. Consumers may feel the impact.

Read more: Stocks tank on a double whammy of tariff warnings from the Fed and Nvidia