Money and business

After Trump’s decisions, American stocks diverged on the Wall Street Stock Exchange

The performance of American stocks varied in the morning trading today, Tuesday, in New York, against the backdrop of US President Donald Trump’s announcement of imposing 25% fees on his country’s imports of steel and aluminum, and after the US Central Reserve Chairman (Central Bank) was excluded to change the American interest soon.
The broader S&P 500 index settled unchanged in morning transactions, while the Dow Jones Industrial Index increased by 42 points, or 0.1% by eleven and a quarter in the morning, East Coast time of the United States, and the NASDAC index fell by 0.1%.

American stocks

The slight moves were not limited to the American stock market, but rather appeared in the bond market, as the returns on the treasury bonds increased slightly. Indeed, the risk of a very real business war, of course, with high risk.
Most analysts in Wall Street agree that the large and continuous tariffs will lead to high prices for American families, which will eventually lead to a major crisis of financial markets.

American stock indicators - circulated

Steel and aluminum fees

Trump’s announcement of steel and aluminum fees late yesterday has already sparked a strong response from European Commission President Ursula von der Line, who said today, Tuesday: “The unjustified customs definitions of the European Union will not pass without a response, but will lead to counter -measures Familiar and commensurate. “
But Trump showed that he was able to quickly back down from such threats, as he did with the customs tariffs announced by 25% on all imports from Canada and Mexico, before he postponed it for a month, indicating that it may be just a negotiating paper and not a real long -term policy .

Useful interest rates

This makes many analysts in Wall Street hope that the worst scenario will not happen and are waiting to see a justification for this hope. Jeremy Powell, head of the Federal Reserve Council, said today, Tuesday, that the council is preparing to maintain the current interest rates in light of the continued high inflation and the strong job market.
Powell added in his written testimony before the American Senate Banking Committee today, Tuesday that after the interest was reduced by a full percentage point during the last three months of the fiscal year and with “the continuation of the economy strong, we do not need to hurry to amend our monetary policy position.”
He pointed out that the current American interest rates make the council “a good situation to deal with the risks and uncertainty we face.”

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