US Stock Market Live: Dow futures back down 100 points as sharp swings resume on Wall Street

US Stock Market Live: Futures on Wall Street have extended their losses after wavering in post-market trading. The Dow futures are now down 300 points, while the Nasdaq futures are down 420 points due to concerns surrounding Nvidia's export controls. Chinese GDP data was ahead of expectations, while the country has also removed its top trade negotiator as talks with Washington have stalled. Watch this space for all the Live Updates

US Stock Market Live: Futures on Wall Street have extended their losses after wavering in post-market trading. The Dow futures are now down 300 points, while the Nasdaq futures are down 420 points due to concerns surrounding Nvidia's export controls. Futures on the S&P 500 are down 80 points. Chinese GDP data was ahead of expectations, while the country has also removed its top trade negotiator as talks with Washington have stalled. Nvidia's concerns have rubbed off on tech shares across the Asia-Pacific, with the focus now shifting to the opening of the European markets, which happens in about an hour from now. Crude prices are down by a percent in Asian trading, but Gold has hit a new high today, crossing levels of $3,300 as having buying continues to surge in anticipation of increasing volatility in the equity markets. Yield on the 10-year note though, has cooled down, after having seen highs of 4.57% last Friday.