The warning affected a narrow, but densely populated area that included downtown Chicago. Flash flooding was seen from the downtown area through the West Side along the Eisenhower Expressway to Oak Park, as the slow-moving storm hovered stubbornly over the area.

India's equity benchmarks were little changed on Wednesday as gains in fast-moving consumer goods stocks were offset by losses in IT stocks, while investors continued to remain on the sidelines amid uncertainty over U.

In the letters, which were posted on Truth Social, Trump warned countries that they would face even higher tariffs if they retaliated by increasing their own import taxes.