The second day of declines at Wall Street. Accurate uncertainty returns to the game

The second in a row session on New York floors ended in declines in the main stock exchange indexes. Investors again begin to worry about the issue of the Custom Customs Policy of the team of President Donald Trump.

The S & P500 index ended with a 0.77% decrease Tuesday and at 5,666.91 points. Nasdaq went down by 0.87%, descending to a height of 17,689.66 points. Dow Jones lowered flights by 0.95%, reaching a ceiling of 40,829 points.

It was the second in a row the inheritance session at Wall Street. The day before, the S&PC lost 0.64% and interrupted the impressive nine -growing series of sessions in a row. Such decisions may be healed by the ending of a dynamic reflection, under which S & P500 has grown by over 16% after a decline by over 21% in March and early April.

It is said on the market that uncertainty related to US administration customs policy returns to the game. On Tuesday, President Donald Trump said that in the next two weeks he would review potential trade agreements and choose which of them to accept. Intelfined inter -governmental negotiations have been going on for nearly a month, but so far nothing official has resulted.

These declarations were imposed on a verbal skirmish between the new Prime Minister of Canada and ex-Goldmanita Marek Carney and Donald Trump. “Canada is not for sale,” said Carney. – Time will show it. Never speak – the President of the United States evaporated. Such a “exchange of courtesy” is unlikely to herald easy negotiations on the Washington-Ottawa line.

The latest macroeconomic data also reminded about international trade issues. The March trading balance of the US trade balance closed into a record amount of $ 1,440.5 billion, significantly exceeding the market consensus (–136.9 billion USD). The reason was absolutely record import (USD 419 billion in a month), which has increased by more than 23%since the November presidential election. In this way, American business prepared for trade wars, filling in in advance with imported goods.

– China is a real wild card, a large wild card. I do not think that the conversations with the EU are easy and that Canada go smoothly, but China is a large player and they will certainly be a hard negotiator – noted Tim Ghriskey, managing portfolios in New York Ingalls & Snyder quoted by Reuters.

But already on Wednesday, the Trump's team's customs show can cover the market soap opera in the form of a routine Federal Meeting of the Open Market Committee. The US central bank will probably keep interest rates at an unchanged level. But Jerome Powell's rhetoric will be crucial, who can reduce or increase the valuation of the chances of reducing the feet later. Termperal markets value nearly 80% value the chances of foot reduction by 25 PB. In including the July FOMC meeting.

KK

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