Major U.S. equities inde🦹xes sputtered in the midweek trading session following reports that President Trump would announce levies on vehicles imporꦿted to the U.S.

🐻The S&P 500 dropped 1.1%, while the Dow slipped 0.3%. Underperformance in tꦚhe tech sector dragged 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开奖号码历史查询: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开🍎奖号码历史查询:additional constraints on AI chip sales in China. Shares of Vistra (VST), a utility that has drawn attentio♋n 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 vaccin🌊e manufacturers also lost ground.

Following five straight positive trading sessions, Tesla (TSLA) shares fell 5.6% Wednesday, threatening the EV maker's 澳洲幸运5开奖号码历史查询: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开奖号码历史查询🐲:better-than-expected sales and profits. 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 capital management services, contrib🔜uting 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开奖号码历史查询:deal ꧙to sell its 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%.