The day-to-day volatility for the S&P 500 settled down on Monday and Tuesday. But two-thirds of stocks in the U.S. large-cap benchmark index have declined this year, with 220 of the 500 stocks down at least 10% and 82 down at least 20%.

Most U.S. stocks rose, but the worst drop for UnitedHealth Group in a quarter-century kept Wall Street in check.

The stock market took a downward turn after Nvidia said it would take a $5.5 billion charge due to U.S. export restrictions on H20 processors to China and other countries. 🎧 Recap with our Minute Bri

Asia-Pacific markets fell this morning after the U.S. barred Nvidia from shipping its H20 AI chip to China, intensifying the trade war between Washington and Beijing. Semiconductor companies declined more broadly on Trump's tightened export controls on Nvidia.

Key Takeaways Semiconductor stocks sank Wednesday after Nvidia and AMD warned they would take a hit after the Trump administration moved to curb the chipmakers’ exports to China. Nvidia's H20, AMD's MI308,