S&P 500 INDEX PARES GAINS TO 0.5%, HAD BEEN UP AS MUCH AS 1.2%

ARM SEES $15B IN ANNUAL SALES FROM NEW CHIP UNIT WITHIN 5 YEARS

China’s trade volumes remain on track to exceed last year’s record levels, with nearly 20 million containers moving through ports in the first three weeks of March, up over 6% from a year ago, according to the Ministry of Transport. Strong AI-driven demand, particularly for semiconductors and data center equipment, is offsetting disruptions from higher oil prices following the Iran war. South Korea’s exports to China surged 69% in early March, signaling continued strength in regional supply chains. Official March trade data will be released on April 14.