Wall Street recovers after Trump’s comment of fees and doubts about his manipulation of the markets

The American stock markets ended a volatile week at a remarkable increase, as the Dow Jones Industrial Index rose by about 600 points, while the Standard & Poor’s 500 index increased by 1.8% and the Nasdaq complex index increased by 2%, according to the British newspaper “The Guardian”.

The recovery of indicators thanks to the suspension of the fees

The three main indicators have witnessed great altitudes during the past week, mainly due to the announcement of US President Donald Trump temporarily suspending customs duties, a move that investors considered a temporary calm of commercial tensions.

The Dow Jones Index increased by 6%, or more than 2300 points, the S & B 500 index jumped by 8.2%, while the Nasdaq index, which is dominated by technology shares, closed by 11.6%.

Despite these gains, analysts note that the continuation of this momentum remains uncertain, in light of the sensitivity of the markets towards the uncertainty associated with Trump’s commercial policies.
Also read: “Morgan Stanley”: America is the most affected by Trump customs definitions

Small companies and fees fees

Many small companies have expressed their grumbling about the impact of the customs duties imposed by Trump, noting that the recent increases in prices are directly due to these procedures.

Sky Canavis, an analyst at I Marcter, told Bloomberg: “With the ambiguity surrounding the timing and size of customs duties, shoppers may welcome more transparency about these drawings, and may become a natural matter with the adoption of major brands for them,” Sky Canavis, an analyst at E Marcter, told Bloomberg.

Federal reserve position

In an interview with the Financial Times, Susan Collins, President of the Federal Reserve in Boston and a member of the Federal Open Market Committee, said the bank is fully ready to take measures to support the economy amid current fluctuations.
Also read: Investors: The American economy suffers from a dangerous slowdown and may face recession

“We had to use various tools very quickly, and we will be fully prepared to repeat this if necessary,” she added.

However, lowering interest rates urgently may not be in the short term, due to fears of high inflation. Collins indicated that the inflation rate is likely to exceed 3%, while the inflation rate in March was 2.4%, down 0.4%from February.

Accusations of manipulating the market

A number of senior Democratic members called on the US Securities and Exchange Committee to open an investigation on whether Trump had violated securities laws or participated in deliberate manipulation of financial markets, after suddenly changed his position on customs duties.

In a tweet posted on Wednesday morning, Trump wrote: “This is the time to buy !!!”, at a time when the markets were going through a very volatile period. Just hours later, he announced a temporary suspension of a large number of customs duties for a period of 90 days, which led to a sharp leap in the Standard & Poor’s 500 index, which recorded its best daily performance since the global financial crisis in 2008.

The letter addressed to the Securities Committee has signed prominent figures such as the leader of the Senate minority Chuck Schumer, Senator Ron Widen, Representatives Mark Kelly, Robin Galligo and Adam Chef.

Speculation without evidence

Despite the ongoing controversy, some analysts rule out that Trump has intentionally planned the collapse of the markets. However, the American newspaper “The Palm Beach Post” indicated that Wall Street lost about 6 trillion dollars in just two days due to Trump’s decisions on customs duties.

The newspaper suggested that the advertisement could have been distributed at intervals to reduce its impact, but its sudden timing raised doubts that its purpose was to influence the maximum level on the market, and perhaps allowing those close to Trump to reap profits through exposed sales deals.

However, these accusations remain within the scope Media speculationThere is no concrete evidence yet on direct manipulation or circulation based on internal information.