(Bloomberg) — Stocks churned as Nvidia Corp.’s results failed to revive the artificial-intelligence-rally that has powered the bull market.
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Equities came well off session highs, with tech shares leading losses. The chipmaker at the heart of the AI boom erased earlier gains as its good-but-not-great numbers underwhelmed investors. The dollar rose as President Donald Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4, adding he would impose an additional 10% tax on Chinese imports.
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All the uneasiness around the actual impact of those potential tariffs on things like trade, the economy, inflation and even geopolitics kept Wall Street traders on their toes. And there was no major relief from Thursday’s big batch of…
