publication
2025-04-23 22:05
The increasingly clear signs of the weakening of the confrontational customs policy of the team of President Trump were adopted on Wednesday with satisfaction on the financial markets. Investors bought shares counting on relieving disputes in international trade.
Dow Jones went up by 1.07%, ending the day at an altitude of 39,606.57 points. The S & P500 index gained 1.67% and finished with a score of 5,375.86 points. Nasdaq increased by 2.50% and at the finish of the Wednesday session checked at 16,708.50 points.
It was therefore the second in a row day of clear Wall Street increases, which in turn occurred after strong declines from before and just after Easter. However, it is worth noting that the final of the Wednesday session was clearly weaker than its beginning – the main New York indexes in the second part of trade limited the initial increases.
These, in turn, resulted from subsequent reports that the administration of Donald Trump “softens” in a accurate clash with “communists” from Beijing. “Wall Street Journal” said that the White House is considering a significant reduction in duties on the import of Chinese goods in order to de -escalate commercial dispute with China. It is known that the current rates of 145% are absurd and many cases basically eliminate the sense of bringing Chinese goods to the USA. And this situation cannot last in the long run. Scott Bessent officially spoke about the chance to conclude a “great arrangement” from the PRC. It is interesting that Bessent simply compared modern China to Japan from the early 90s, assessing that the Chinese economic model based on export must end.
It is not known, however, how permanent hopes for the de -escalation of the commercial wars of President Trump will be. The Host of the White House himself changes his mind practically overnight and it is not known what “burns out” tomorrow or the day after tomorrow. The more that even commercial negotiations with allies (not to say: victides) of the United States go extremely coarse. In this sense closed conference organized by Bank JP Morgan.
A separate issue is that after Christmas, President Trump quite clearly withdrew from his intention to “terminate the employment relationship” with the head of the federal reserve, which he openly threatened on Holy Thursday. – I'm not going to slow it down. I would like it to be a little more active when it comes to the idea of lowering interest rates – said President Trump on Wednesday. The American leader apparently buckled under the pressure of financial markets, which in fear of losing independence by the US Central Bank began to sell American assets in a hurry.
It is therefore worth embedding Wednesday's session at Wall Street in the context of what was happening in other markets. In the world of currencies, the dollar intensively made up for losses against the euro. The second day in a row was tightly cheaper gold (this time by 2.5%), which on Tuesday set the historical record of all time. Very interesting things have happened on the American debt market. First, Treasuries were hard, and then they started cheaper again, returning to the starting point. The profitability of 10-year US government bonds during the last 24 hours ranged from 4.25% to 4.40%, which in calmer times would be considered considerable variability throughout the month or even a quarter.
Looking at the Wednesday “Market Square”, there were primarily strong increases of ratings of companies from a great (at least until recently) seven. NVIDIA shares went up by 3.9%, the finish line by 4%, and Amazon by over 4%. Added to this were Palantir's palace, which increases by over 7% of the 4.3% Broadcom.
Even against this background, Tesla stood out, whose quotations went up by 5.4%. Already after the Tuesday session, Tesla presented very poor quarterly results. Not only that the profits were the lowest in 5 years, they were still far from the values expected by the analysts. But investors liked the declaration of Elon Musk that he intends to limit his work for the US government, where he will coely coely the Department of State Performance (Doge).
