Global Markets Drop on Fears of Escalating U.S.-China Trade Tensions - WSJ
1. Nvidia faces restrictions on exports to China, impacting revenues. 2. Company expects up to $5.5 billion charge this fiscal quarter. 3. Overall market sentiment worsens amid escalating U.S.-China trade tensions. 4. Semiconductor stocks, including Nvidia, dropped significantly. 5. U.S. futures point to continued declines in major indexes.