
New York (APP) – Anxiety about the president Donald Trump’s rates On Monday, we are sending stock through swinging swings as the worldwide financial markets are decreasing Concerns A. about A Possible trade battle.
After the worst losses to stock markets in Asia and Europe, the S&P 500 declined by 0.7 % in the afternoon. The Dow Jones industrial average was less than 99 points or 0.2 %, which was until 11am, and the Nice Deck Composite was 1 % lower.
The US stock market itself was on track for a very bad loss, immediately the start of the trade to Dow. With 665 points later, on his problems how much Ache US companies will feel because of prices. Some sharp losses have targeted Big Tech and other companies that can hurt more and more Interest rate This may result from the announced rates Imports from Canada, Mexico and China.
Mexico’s President Claudia Shenbam said that after this, the stocks relieved its losses in the morning. Has a grip of rates on his country For a month after talks with Trump.
The ultimate fear is that Trump’s rates Will forward the grocery, electronics and prices Other bills of all sorts For American households, put the top pressure on the US Inflation rate that is slowing down mass Since his peak was three summer before. More than stubborn or inflation can prevent the federal reserve from decreasing interest rates, which is Began to do in September To give American economy A promotion
Most parts of Wall Street were hoping that Trump’s prices through the presidential campaign were just that, and was an initial point of dialogue with US trade partners. Traders came thinking Monday morning Trump had actually followed herFear how much response will be in the trade war that damages economies around the world, including the United States.
“The uncertainty at this stage is great at this stage – not only how these final talks will end, but it is worried that it is only iceberg,” said Young UMA. There is a tip and more taxes are on the horizon. ” In BMO Wealth Management.
Traders on Wall Street are pursuing expectations of how many deductions can be provided at the interest rates this year, if anyone is. Low interest rates can encourage US employers to hire more workers, while prices for investment also go, but the negative aspect is that they can further fuel inflation.
“While living in Midwest, I might feel the war of trade soon and mostly,” said Brian Jacobson, chief economist at Anx Wealth Management. ” Is “Our refiners can’t easily go away from Canada’s raw.”
Crude oil prices increased sharply. After announcing a stay on Mexico’s revenue, below 0.1 %, after announcing a break on Mexico’s revenue, the price of a barrel of a benchmark in the morning business. More than 74.50.
Trump himself had warned Americans Can feel “some pain” From the prices, which he said, there would be a “price” to make the United States great again. He also said on Sunday night that import tax would be “definitely” with the European Union and possibly the UK.
Naturally brands, which sells MOMO and Corona beer in the United States, declined 2.7 %. Automackers, which import heavy from Mexico, also sank. General motors decreased by 1.8 %. Best Bye, which sells made electronics worldwide, lost 3 %.
Instead of stock and crypto, investors instead went to US government bonds, which are seen as the safest potential investment. The resulting rally in their prices reduced the production of long -term treasury.
At the end of Friday, the production of 10 -year treasury fell from 4.55 % to 4.55 % to 4.50 %.
This is at least temporarily, temporarily, with the increase in long -term treasury production of Wall Street in recent months. Production has just climbed due to such rates troubles They may be involved in Trump, and the potential result of higher interest rates.
The production of short -term treasury increased on Monday, when the rates from the feed eliminated. The two -year treasury production increased from 4.21 % to 4.23 %
High production put pressure on all kinds of investment, but they are especially burdensome on stock, which is considered the most expensive.
Which lights like companies nvidia And the second winner of the boom of artificial intelligence. NVIDIA fell 2 % and was one of the heavy weight on S & P 500.
Such AI superstar had already arrived In pressure last weekAfter, A Chinese upstart He said he has developed a huge language model that can perform along with major US rivals, but without using the high -cost, top flight chips.
This raised doubts whether all investment was assumed by Wall Street that would be located for chips, Large data centers And will really face electricity. Such assumptions were forced to record stocks like NVIDIA, Bridge Energy and others after record.
Prices took the center stage in a week, where other events will usually occur at the center phase, including a report on Friday, stating how many US employees have hired the workers last month. Alphabet, Amazon and other highly influential companies also report numerous profit reports.
In the stock markets overseas, the index declined 1.1 % in London, 1.2 % in Paris and 1.5 % in Frankfurt. In Asia, South Korea’s Kosai drowned 2.5 %, and Japan’s Nikki 225 declined 2.7 %.
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AP Business Writers Matt Out and Yuri Kejima cooperated.