{"id":121656,"title":"What happened overnight – Wednesday 16th April 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-04-16T06:36:41+00:00","modified":"2025-04-16T06:36:41+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-wednesday-16th-april-2025/","markdown_url":"https://www.share-talk.com/what-happened-overnight-wednesday-16th-april-2025.md","json_url":"https://www.share-talk.com/what-happened-overnight-wednesday-16th-april-2025.json","category":"B2B","categories":["B2B","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asia","Asia-Pacific index","Asian market","Asian markets","Asian trading","Bank of England","Bank of Japan","Bank of New York","Beijing","bond market","Brent Crude","china","chips","currency","Dow Jones","European Union","Federal Reserve","Hong kong","India","Jakarta","Japan","JP Morgan","Manila","Nikkei","Nvidia","Russia","semiconductor","Sensex","Seoul","shanghai","Shenzhen Composite Index","Singapore","South Korea","Sydney","Taipei","Treasury yields","U.S. bond market","U.S. dollar","U.S. stocks","U.S. Treasury","US recession","USA","Wall Street","Wellington","White House"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/04/overnight.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Asian Markets Dip as Nvidia Hit by New U.S. Export Curbs**\n\nAsian shares mostly declined after Nvidia revealed it had been caught in the crossfire of Donald Trump’s trade war.\n\nThe chipmaker’s stock fell 6.3% in after-hours trading following news that the U.S. government had tightened restrictions on the export of one of its artificial intelligence-focused computer chips.\n\nChinese markets led the losses after Beijing reported that the country’s economic growth slowed to 1.2% in the first quarter of the year, down from 1.6% in the final quarter of 2024.\n\nHong Kong’s Hang Seng Index dropped 2.5% to 20,922.54, while the Shanghai Composite slipped 0.9% to 3,237.60. Japan’s Nikkei 225 lost 0.9%, closing at 22,948.18.\n\nElsewhere, South Korea’s Kospi declined 0.7% to 2,461.45. Australia’s S&P/ASX 200 bucked the trend with a 0.3% gain, finishing at 7,781.10. India’s Sensex was little changed, while Bangkok’s SET index rose 0.2%.\n\nOn Wall Street, markets ended slightly lower in a subdued session. The S&P 500 dipped 0.2% to 5,396.63, the Dow Jones Industrial Average slid 0.4% to 40,368.96, and the Nasdaq edged down less than 0.1% to 16,823.17.\n\nIn the bond market, the yield on the benchmark 10-year U.S. Treasury note eased to 4.339% from 4.352% late Monday."}