U.S. stocks drop as Nvidia slides and the fog of Trump's trade war thickens

The S&P 500 sank 2.2% after falling as much as 3.3% earlier. Such an amount would have vied for one of its worst losses in years before the historic swings that have upended Wall Street in recent weeks.

U.S. stocks drop as Nvidia slides and the fog of Trump's trade war thickens
Specialist Gennaro Saporito works on the floor of the New York Stock Exchange, Wednesday, April 16, 2025.

The S&P 500 sank 2.2% after falling as much as 3.3% earlier. Such an amount would have vied for one of its worst losses in years before the historic swings that have upended Wall Street in recent weeks.

(Image credit: Richard Drew/AP)