U.S. stocks ended lower on Wednesday, as investors awaited details on the U.S. tariffs set to take effect next week.
The Dow Jones Industrial Average fell by 132.71 points, or 0.31 percent, to 42,454.79. The Standard and Poor's 500 sank 64.45 points, or 1.12 percent, to 5,712.2. The Nasdaq Composite Index shed 372.84 points, or 2.04 percent, to 17,899.01.
Six of the 11 primary Standard and Poor's 500 sectors ended in red, with technology and communication services leading the laggards by losing 2.46 percent and 2.04 percent, respectively. Meanwhile, consumer staples and utilities led the gainers by going up 1.42 percent and 0.70 percent, respectively.
Market sentiment remained volatile, reacting to shifting signals from U.S. President Donald Trump regarding tariff plans.
In particular, the stocks of Nvidia and Tesla sank 5.74 percent and 5.58 percent on Wednesday, respectively, weighing on overall market sentiment.
In corporate news, GameStop shares surged 11.65 percent after the video game retailer approved a plan to invest its cash holdings in bitcoin.
US stocks fall amid new tariffs plan
US stocks fall amid new tariffs plan
China's domestically developed C919 large passenger aircraft began flight transport service on two new routes on Sunday.
At 11:19 on Sunday, a C919 aircraft smoothly landed at the Shenyang Taoxian International Airport in Shenyang City, the capital of northeast China's Liaoning Province, from Shanghai in east China some 1,000 kilometers away, marking the C919's first commercial flight in northeast China. The airport celebrated the occasion with a water salute.
"The seats are very spacious, and the flight experience is excellent," said a passenger.
"Flying on a homegrown plane feels especially smooth. I took the inaugural C919 flight to Chengdu, and unexpectedly, within a year, more than a dozen routes have been launched. I think the airline operations in our country are particularly impressive," said another passenger.
The other new air route opened on the day for the C919 is the one from northwest China's Xi'an City to south China's Guangzhou City about 1,400 kilometers away.
The Xi'an-Guangzhou service became the third domestic air route operated from Xi'an to use the C919, following China Eastern Airlines' earlier introduction of this aircraft on its Xi'an-Beijing and Xi'an-Shanghai routes. This also means that the Xianyang International Airport in Xi'an has become a major airport in China in terms of flights performed by the C919.
Notably, China Eastern Airlines in January 2025 started using the C919 jetliner for regular flights between Shanghai in east China and the Hong Kong Special Administrative Region in the country's south -- which is the airline's first scheduled commercial flight service to Hong Kong using the C919.
The C919 is a narrow-body passenger aircraft with a maximum capacity of 192 seats. It is China's first self-developed trunk jetliner, built in accordance with international airworthiness standards and featuring independently registered intellectual property rights.
China initiated the C919 project in 2007, and it was developed by the Commercial Aircraft Corporation of China, Ltd. (COMAC). The first C919 aircraft rolled off the production line in Shanghai in November 2015.
China's homegrown C919 aircraft begins to serve two new domestic air routes
