Futures in Wall Street upload this Friday after the solid results of Apple (AAPL)while investors prepared for the next expiration of tariffs and an inflation report that could influence the trajectory of interest rates.
Contracts on Nasdaq 100 rise 0.8%, with an impulse due to solid technology results. The futures of the S&P 500 advance approximately 0.5%, while the Dow Jones Industrial Avenge adds 0.3%, both on the way to expand the profits of Thursday.
Apple
Apple’s actions rose in the premarket after the megaempresa exceeds the profits of the first quarter. Although quarterly iPhone sales and in China did not reach expectations, investors saw the optimistic income panorama as a sign of future recovery.
The best profits of the expected Intel (INTC) also helped the markets exceed the technological fears generated by Depseek’s promise to offer China at low cost, while the actions of the chips manufacturer rose.
However, the S&P 500 (^GSPC) and the Nasdaq Composite (^ixic) are aimed at small weekly losses, due to the drop in technology caused by Deepseek, while the Dow (^DJI) is on the way to obtaining profits after A strong start of the results season.
Meanwhile, a volatile January marked by Trump’s first days in office seems to generate monthly profits for the main indices, with the Dow pointing to a jump of more than 5%.
Trump tariffs
Trump, on Thursday, reaffirmed the threat of imposing a first round of 25% tariffs on Canada and Mexico on February 1. The expiration period on Saturday has revived concerns about the economic impact of a hardening of commercial relations with the main US business partners on social networks, Trump warned BRICS countries that will face 100% tariffs if they replace the dollar with their own joint currency or another. The dollar (DX-y.nyb) went up, on the way to its best week since November.
The lack of clarity on tariffs has kept the president of the Federal Reserve, Jerome Powell, in waiting mode, with the potential that tariffs fell inflation as a key point.
That means that a new report of the Fed Inflation Preferred Index, the Personal Consumption Expenditure Index (PCE), will be observed closely to guide the path of interest rates. Economists expect the annual “core” of the PCE, excluding food and energy, to remain at 2.8% in December, without changes with respect to November.
The last lot of profits reports, with Chevron (CVX), Colgate (CL), Exxon Mobil (Xom) and Phillips 66 (PSX) on the agenda, is also expected.
Source: Ambito
