U.S. stock futures point lower on declines by U.S. tech firms in the face of new trade restrictions; Nvidia (NVDA) shares tumble in premarket trading on new U.S. restrictions of its H20 AI chip exports to China; Fed Chair Jerome Powell is scheduled to speak this afternoon; U.S. retail sales are expected to improve in March; and ASML Holding (ASML) shares fall on worse-than-expected first-quarter net bookings and a soft curr🐲ent-quarter sales outlook. Here's what investors need to know today.

1. UꦉS Stock Fut🐓ures Fall on Tech Worries Over Trade Restriction

U.S. stock futures are pointing lower as tech firm shares weigh on markets amid tighter trade restrictions and investors prepare for fresh retail sales data. Nasdaq futures are about 1.5% lower after the tech-heavy index closed down 0.1% Tuesday. 澳洲幸运5官方开奖结果体彩网:S&P 500 futures are down 0.8% and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are slipping marginally after both indexes 澳洲幸运5官方开奖结果体彩网:closed slightly lower yesterday. Bitcoin (BTCUSD) is slightly higher to trade at around $84,000. Yields on the 10-year Treasury note are little changed. Gold futures ar💎e soaring to more than $3,300 an ounce, while oil futures also are gaining.

2. Nvidia Stock Tumbles on US Restrictions of Chinese Chip Exᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚports

Nvidia (NVDA) shares are falling by nearly 6% in premarket trading after it said it 澳洲幸运5官方开奖结ℱ果体彩网:expꦚects to take a $5.5 billion charge in its fiscal 2026 first-quarter results on U.S. curbs to 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) chip exports to China. The chipmaker said in a filing that the U.S. government would now require a license for Chinese exports of its H20 chip, a product that the company 澳洲幸运5官方开奖结果体彩网:develop💎ed to meet export restricti🍌ons. The restrictions come amid a 澳洲幸运5官方开奖结果体彩网:trade war escalation between the two countries.

3. Fed 𝔉Chair Powell Set to Speak Amid Tariff Volatility

澳洲幸运5官方开奖结果体彩网:♔Federal Reserve Chair Jerome Powell is scheduled to discuss the economic outlook during a speech today at 1:30 p.m. ET. Powell's remarks would be his first since April 4, two days after Pre📖sident Donald Trump's "Liber♓ation Day" tariffs announcement, when he said that the tariffs' size would likely 澳洲幸运5官方开奖结果体彩网:🔥drive inflation higher and eco✃nomic growth lower. Since then, some tariffs have been paused and exemptions granted for tech products like 澳洲幸运5官方开奖结果体彩网:computers and smartphones, creating 澳洲幸运5官方开奖结果体彩网:volatile trading in markets.

4. US Retail Sales Seen Having Jumped in March

U.S. retail sales are expected to have 澳洲幸运5官方开𝄹奖结果体彩网:increased by 1.2% month-over-month in March when that data is set to be released at 8:30 a.m. ET. Taking out automobile sales, the increase is expected to be flat from February's modest 0.2% rise, according to economists surveyed by The Wall Street Journal and Dow Jones Newswires. Investors will also be watching for industrial production data slated to be released at 9:15 a.m. ET. Economists are looking at 澳洲幸运5官方开奖结果体彩网:new data releases for signals about the impact President Donald Trump's tariffs p🐻olicy is having on the ec⭕onomy.

5. ASML Stock Falls ꦦon Weak Bookings, Soft Sales Outlook

Shares of Dutch tech firm ASML Holding (ASML) are down more than 4% in premarket trading after the maker of semiconductor-fabrication machinery 澳洲幸运5官方开奖结果体彩网:reported weak quarterly bookings and a soft current-quarter sales outlook. The firm's first-quarter net bookings came to 3.94 billion euros, below the 4.84 billion euros expected by analysts polled by Visible Alpha. Its Q2 sales outlook of EUR7.2 billion to EUR7.7 billion was below analysts' expectations of EUR7.77 billion. "The recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while," CEO Christophe Fouquet warned.