Major𒊎 U.S. equities indexes sputtered in the midweek trading session following reports that President Trump would announce levies on vehicles imported to the U.S.

The S&P 500 dropped 1.1%, while the Dow slipped 0.3%. Underperformance in th♏e tech sector dr🐼agged down the Nasdaq, which tumbled 2%.

Super Micro Computer (SMCI) shares led losses on the S&P 500, plunging 8.9%. Wednesday's drop extended losses earlier in the week after Goldman Sachs analysts downgraded Supermicro stock to "sell" from "neutral," noting that increased competition in the AI server market could restrain 澳洲幸运5官方开奖结果体彩网:gross margins.

Shares of cloud networking specialist Arista Networks (ANET) also fell as AI and chip stocks faltered, with shares down 6.1%. Nvidia (NVDA) stock slipped 5.7%, leading losses on the Dow, amid concerns about 澳洲幸运5官方开奖结果体彩网:additional constraints on AI c💫hip sales in China. Shares of Vistra (VST), ♎a utility that has drawn attention for its opportunity to power AI data centers, dropped 5.9%.

Moderna (MRNA) stock declined 7% after reports that the U.S. would discontinue funding for Gavi, the Vaccine Alliance, a global partnership aimed at improving the availability of immunizations in developing countries. Shares of other vaccine manufacturers also lost g൲round.

Following five straight positive trading sessions, Tesla (TSLA) shares fell 5.6% Wednesday, threatening the EV maker's 澳洲幸运5官方开奖结果体彩网:rebound from a prolonged slump. The stock had gained more than 27% in the week leading up to Wednesday's session, boosted by the potential for watered-down tariffs and several endorsements.

Cintas (CTAS) shares logged the S&P 500's top daily performance, surging 5.8% after the supplier of uniforms and other products for the workplace reported 澳洲幸运5官方开奖结果体彩网:better-than-expected salesജ and profitꩲs. The company highlighted recent acquisitions as a driver of revenue growth but indicated that it will step away from its proposed takeover of fellow uniform and facility service provider UniFirst (UNF), citing an inability to agree on key terms.

Payroll processor Paychex (PAYX)🍨 also received a boost from its quarterly earnings report, with shares gaining 4.2% on Wednesday. Although the uncertain economic environment weighed on demand for the company's human ဣcapital management services, contributing to lower-than-expected quarterly sales figures, stringent cost-control measures helped Paychex exceed profit forecasts.

Discount retailer Dollar Tree (DLTR) announced a 澳洲💝幸运5官方开奖结果体彩网:deal to sell itsဣ Family Dollar brand to the private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion. The company expects the sale to close later in the second quarter and to generate net proceeds of around $800 million. Dollar Tree shares added 3.1%.