A News Agency

Futures tied to the Dow Jones Industrial Average fell 67 points, or 0.1%. S&P 500 and Nasdaq 100 futures also slipped about 0.1%.

U.S. President Donald Trump signed a proclamation imposing 25% tariffs on certain semiconductors. However, the levy will not apply to chips imported to help develop the U.S. technology supply chain.

In regular trading Wednesday, technology stocks fell, weighing on the major averages. The broader market index closed down 0.5%, while the 30-stock Dow lost about 42 points, or 0.1%. The Nasdaq Composite dropped 1%. All three indexes fell for a second consecutive day.

Microsoft, Meta and Amazon slid more than 2%. Oracle and Broadcom fell 4%, while Nvidia declined 1.4%. Chinese customs authorities said this week they informed officers that Nvidia’s H200 chips would not be allowed to enter the country.

Among banks, Wells Fargo dropped 4.6% on Wednesday after reporting fourth-quarter revenue below expectations, pressuring the broader market. Citigroup and Bank of America also fell more than 3%.

Several market catalysts are expected Thursday. Investors will watch earnings reports from Goldman Sachs, Morgan Stanley and BlackRock. On the economic front, weekly jobless claims will also be released.