U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Trump’s trade war is clouding forecasts for how they and the economy will do this year.

Wall Street indexes declined Wednesday, led by a slump in chip stocks after Nvidia warned of significant charges due to new U.S. export curbs on chip sales to China. The broader information technology sector also fell,

Japan’s stocks climbed as the outcome of initial trade talks in Washington eased concern that the US would pressure Tokyo into a stronger yen as part of tariff negotiations.

Asian equities edged higher on Thursday, while the dollar firmed slightly as traders took stock of trade negotiations between the U.S. and Japan even as uncertainties around tariffs implemented by President Donald Trump kept sentiment fragile.