Fiesta in Wall Street: S&P500 and Nasdaq broke new records in the expectation of agreements for tariffs

He S&P 500 and NASDAQ They reached new historical maximum on Friday, June 27, promoted by the hopes of a wave of trade agreements, including one between USA and China and another between the US and the European Unionbefore the deadline of July 9, backed by a rebound of shares.

In this context, the Dow Jones index of industrialists rose 1% to 43,819.27 points; The S&P500 won 0.47% to 6,169.84 points and the Nasdaq Composite showed 0.52% to 20,273.46 points

Possible commercial agreements before the limit date

The US Treasury Secretary, Scott Besentsaid Friday that the US and China have solved the problems related to the Rare land mineral shipments And magnets, a key obstacle that stopped the advance towards an agreement in May.

For her part, the president of the European Commission, Ursula von der Leyenhe declared EU leaders, during a summit on Thursday, who believes an agreement can be reached before the deadline, according to a Bloomberg report. This would avoid an economically detrimental escalation between the two main commercial partners.

Von der Leyen informed the leaders that the Trump administration presented a new proposal this week. During the conversations, EU leaders showed a greater disposition to accept some imbalance in a possible commercial agreement to avoid a tariff war.

If an agreement is not reached before July 9, the US plans to impose a 50% tariff on almost all EU products, while the European bloc is prepared to implement its own set of countermeasures.

The US Secretary of Commerce, Howard Lutnickexpressed similar optimism in an interview with Bloomberg TV on Thursday. Lutnick pointed out that the EU had accelerated negotiations in recent weeks, laying the foundations that could lead to an agreement.

Moderate inflation data

Trust has been promoted by The current truce between Israel and Iranas well as the agreement between the US and China on how to expedite the sending of rare earth materials, crucial for various industries.

In addition, the press secretary of the White HouseKaroline Leavitt, suggested that the president Donald Trump It could extend its reciprocal tariff pause of 90 days beyond the self -imposed deadline at the beginning of next month, thus reliabing tensions around the commercial political volatile of the Trump administration.

With the decrease in geopolitical and commercial tensions, attention has been mainly focused on the health of the US economy and the response of the Federal Reserve (Fed).

DOLLAR MARKETS INFACCACIÓN USA

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He Inflation indicator followed closely by the Fed, slightly rose an intermencing 0.1 % in May, in line with the expectations and with the rate of the previous month, in the last sign of a moderate price increase despite the concern for the impact of the wide American tariffs.

In the twelve months until May, the Personal Consumption Expenditure Index of the Commerce Department increased by 2.3 %, slightly above 2.2 % reviewed April, and also matching the projections of economists. Excluding volatile items such as food and fuel, the so -called “underlying” index rose slightly to 0.2 % intermennsual and 2.7 % year -on -year, both slightly above the expected.

Some of the outstanding actions of Wall Street

Microsoft 0.5% fell after the information about The Information about The company’s next generation artificial intelligence chipwhich faces a delay of at least six months.

According to the report, the next artificial intelligence chip of Microsoft, whose code name is Braga, has development problems, which will take its mass production from 2025 to 2026. The delay generates concerns that the chip can be less competitive compared to NVIDIA products when it reaches the market.

Nike they traced 16% when the sports retin Fiscal results From the fourth quarter that overcame the estimates of the analysts, the company also added that the financial impact of its continuous recovery effort paid off.

Lululemon Athletic retalist advanced 0.8% after knowing Nike’s results, while the owner of Hoka Deckers Outdoor added 1.6%.

Platforms goal It grew 0.8% even though Reuters reported that The technological giant could face daily fines from the end of this monthif recent changes in their controversial payment or consent advertising model do not meet the standards of the European Union.

Tesla lost 2% after the executive director Elon Musk He would fire Omead AFSHAR, vice president of manufacturing and operations of the company, while the manufacturer of electric vehicles fights the deceleration of world demand.

Uber It descended 2% when Canaccord Genuity reduced its position on the shared travel company to “buy” to “keep”, citing the growing uncertainty due to the accelerated launch of autonomous vehicles.