US STOCKS SNAPSHOT-Wall Street falls, Nvidia drops after new US chip export curbs

April 16 (Reuters) - Wall Street fell on Wednesday, with the Nasdaq leading declines after Nvidia flagged steep charges from new U.S. controls on chip exports to China, the latest flashpoint in an escalating global trade war.

Shares of Nvidia NVDA.O dropped 6.5%.

The Dow Jones Industrial Average .DJI fell 189.5 points, or 0.47%, at the open to 40,179.49. The S&P 500 .SPX fell 60.9 points, or 1.13%, at the open to 5,335.75​, while the Nasdaq Composite .IXIC dropped 323.5 points, or 1.92%, to 16,499.693 at the opening bell.