The Dow Jones index recorded a second consecutive loss session on Wednesday, as technology shares sold a declining momentum in the market. This decrease has been deported by a NVIDIA statement that the United States government now requires obtaining H20 Chips export permits to China. AI Tech Giant revealed that the restriction may cost it 5.5 billion dollars, and the news sent its shares by 6.87 %. Another GPU giant chips, AMD ended with -7.34 %.
Meanwhile, the Dow Jones index closed the session by -1.73 %, a decrease of 700 points. However, the profits of the Taic semiconductor manufacturing company raised the mood after trading hours, and it is likely to surpass a session on Thursday.
TSMC, among its Apple and NVIDIA customers, recorded revenues of $ 25.53 billion for the quarter ending in March 2025, overcoming the number of analysts of $ 25.37 billion. The results raised the mood in the market, as the hope that strong support will confirm the concerns of the current trade war.
In addition, the Dow Jones index can sail the winds provided by optimism on the United States and Japan trade talks. President Donald Trump announced by Truth Social that he had met Japanese commercial delegations, describing the result as “great progress.” While this advertisement lacks details, it raises the possibility of increased connections between America and its largest commercial partners, and can be attracted in China in the coming days.
Download Jones Index Prepultion
The Dow Jones index prefers 39,739 points and the resistance at this level is that the sellers are in control. The procedure for the first support test is likely to decrease at 39,350. The collapse below this level of the second support test can open at 39,025.
On the other hand, going above 39,739 points will indicate the rise. The first barrier is likely to be in 40,199, after which the downward narration will be invalid. In addition, an extended console can be taken by buyers a higher procedure for a 40,820 test.
