2025-06-09 23:25
publication
2025-06-09 23:25
Theoretically, it was an upward session and a continuation of the approval of the bull market. But in practice, the S&PS index stopped at 6,000 points, and the market looks heavily undecided.
The S&PC ended on Monday's trade at 6 005.88 points, which translated into an increase of … 0.09%. So as much as nothing. It is worth noting, however, that this was the highest closing course since February and that even an hour before the end of the S&P session there was 20 points higher than he actually ended.
It was another session of indecision at Wall Street. In recent days, New York indexes are trying to go up with small steps, but the high valuation and proximity of the bull market peaks surrounded by such high political uncertainty seem to paralyze buyers.
In the background the next round of Chinese-American commercial negotiations began. The case is slowly beginning to become urgent, because the 90-day customs moratory of President Trump expires in July. Yes, nothing prevents you from extending them again. But before this happens, Wall Street can get nervous.
– The market perceives any dialogue with Beijing as progress, regardless of whether it leads to any tangible results. The market is taking the administration for a good coin so far, “said Jake Dollarhide, the head of Longbow Asset Management cited by Reuters.
During the Monday session the qualities of great technology companies did a good job. Amazon's shares gained 1.6%. Amazon and Alphabet announced plans to invest at least USD 20 billion in the data center in Pennsylvania. This is a nod to President Trump, who is advised to see investments of American companies in the so -called rust belt.
The losses after the last strong declines were made up of Tesla, whose shares increased by 4.6%. On the other hand, the Warner Bros Discovery course dropped by almost 3% after the company announced the division of its business into two separate companies.
KK
