The Friday session at Wall Street ended with moderate declines, also throughout the whole week the main indexes were on the minuses. Investors' anxiety was caused by the announcements of President Donald Trump about the imposition of 50 percent on the European Union. objective.
Dow Jones Industrial at the closure fell by 0.61 percent and amounted to 41,603.07 points
S&P 500 at the end of the day fell by 0.67 percent and amounted to 5,802.82 points
Nasdaq Composite reduced by 1.00 percent Up to 18,737.21 points
The index of companies with medium capitalization Russell 2000 drops by 0.30 percent. and is 2,039.57 points
The VIX index is growing by 10.31 percent, to 22.37 points
Friday declines contributed to weekly losses on the market. S&P 500, Dow and Nasdaq fell this week by over 2 percent.
“For six weeks we have had a wind in the form of de -escalation – and the market had one of the best six -week periods in the last 75 years – and the re -escalation of the trading war rhetoric threatens. Investment strategist in Baird, in an interview with CNBC.
Looking to the future, Rick Wedell, president and director of investment in RFG Advisory, warned that this “mountain queue” de -escalation and re -escalation of tariff tensions will probably become a permanent element of Trump's second term.
“It is very important for investors to understand that this constant issue of trade will probably be present, I think, throughout the duration of this administration. I do not think they ever turn their eyes to trade. I think they consider it a characteristic feature of the legacy of the administration, which is repairing international trade agreements,” he said. “I would just like to encourage investors that they would never be fooled by a false sense in any way.”
On Friday, new customs threats of US President Donald Trump, who threatened the introduction of 50 %. customs duties on goods from the European Union from June 1. Trump also threatened Apple (the exchange rate loses about 2 percent) duty of at least 25 percent if the company does not produce its iPhones in the USA.
The situation at the very end of the European stock market session was tried to calm down the Secretary of the US Treasury S. Bessent, who did not rule out that in the coming weeks it was possible to sign several large trade agreements, but this did not calm the markets.
Trump's actions take place at a time when trade voltages were weakened. In April, Trump introduced duties to most countries of the world, which shook the stock exchange and almost introduced S&P 500 into the bear market. Then the president suspended the strictest tariffs for 90 days and concluded preliminary agreements with Great Britain and China, which caused a reflection on the stock market.
Investors bought shares in connection with the speculation that more agreements with many countries would be implemented during this three -month break. Trump's Friday's actions may mean that hope was unfounded.
Analysts indicate that investors are also disturbing the last movements on the US debt market. The profitability of US bonds has reached the highest levels this week for several months.
“In the case of action, we believe that the last reflection is close to the ending. While the valuations have been reflected, the risk on the inheritance side prevails. These include a potential further increase in the profitability of American bonds, the weakening of the USA macroeconomic data and the re -increase in risk in commercial policy,” said Karsten Junius, the main economist at Bank J. Safra Sarasin.
“The bond market speaks, stock markets are not listening at the moment. All these changes that are being introduced, are it the tax law, customs duties, etc. These are pro -wire funds,” said Thomas Taw, head of Asia and Pacific Investment Strategy at Blackrock Asset Management in an interview with Bloomberg TV.
Next week, investors will be waiting for the publication of the results of Nvidia, whose shares at the closing of the Friday session fell by more than 1 percent.
“All eyes will be turned to the Nvidia report. The whole AI topic was the main driving force of the market, and Nvidia is in the epicenter of this narrative,” said Chuck Carlson, CEO Horizon Investment Services.
“Given the size of the company and the attention he attracts, there will be many people who want to find out what will happen to the actions,” said Wasif Latif, director of investment in Sarmaya Partners.
Apple shares fell by 3 percent. After Trump published on Truth Social that the iPhones sold in the US must be produced in the US, and if they are not, “Apple must pay a duty of at least 25 percent.” Trump's movement against Apple is the first movement against a specific company as part of the implementation of his duties this year.
The sale of new houses in the US in April amounted to 743 thousand. In an annual basis, in the face of expected 695 thousand. A month earlier, sales of 670,000 were recorded, after a correction with 724 thousand.
In MDM, sales increased by 10.9 percent. In view of the increase of 2.6 percent MDM a month earlier, after a revision of 7.4 percent Aalithics expected -4.0 percent
On the oil market, contracts for WTI in June increase by 0.67 percent. up to USD 61.60 per barrel, and July Futures on Brentures grow by 0.71 percent. up to 64.90 USD/B. (PAP Biznes)
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