Wall Street closed mixed but near historical maximums, attentive to the Iran-Israel truce and the fed

The New York Stock Exchange ended up but remained close to historical maximums on Wednesday, while Investors evaluated the high fragile fire between Israel and Iran and the comments of the president of the Federal Reserve, Jerome Powell, before the Capitol.

In this context The Dow Jones index of industrialists fell 0.25% to 42,982.43 points; The S&P500 won 0.03% to 6,093.86 points and the Nasdaq Composite showed 0.31% to 19,973.55 points.

With respect to the Alto El Fuego between Israel and Iran, negotiated by President Donald Trump, seemed to remain in force in the day, a day after both countries announced the end of an air war after 12 days.

The US Secretary of State, Marco Rubio, said Wednesday that Iran is now “much further” to develop a nuclear weapon after US air attacks, dismissing the preliminary reports of US intelligence agencies, which suggested that Iran enriched uranium reserves were not eradicated by attacks and that the nuclear program mostly clandestine of the country could have been delayed only A couple of months.

On the other hand, NATO leaders agreed a higher defense spending target (5% of the gross internal product by 2035), which represents a possible foreign policy victory for Trump after their recent demands that the partners of the Alliance greatly duplicate their spending commitments.

Jerome Powell back to Capitol

“Donald Trump’s government tariff plans could well cause only a punctual prices leap, but the risk of more constant inflation is enough for the Federal Reserve to be cautious when considering new fence cuts”the Fed Chief, Jerome Powell, said on the day.

Although economic theory can point to tariffs as a specific clash at prices, “that is not a law of nature,” Powell told a Senate panel, detailing why the Central Bank wants more information about the final level of the taxes and the way they impact prices and public expectations about inflation.

“If it arrives quickly and ends, then yes, it is very likely that it is something punctual,” that will not lead to more persistent inflation, Powell said. But “it is a risk that we feel that, as guarantors of maintaining stable prices, we have to manage. That is all we are doing,” maintaining stable rates for now.

Fed officials are still waiting to cut interest rates this year, but the moment is uncertain, while waiting for the next commercial deadlines and be more certain about the scope of tariffs that will be imposed and the ways in which the growing import taxes influence prices and economic growth.

President Donald Trump wants the FED to cut the rates immediately, and republican legislators in the Chamber on Tuesday and in the Senate Banking Commission on Wednesday pressed the Fed Chief on why officials are so cautious in reducing credit costs.

Ohio Bernie Moreno’s Republican senator, echoing Trump’s usual criticism to Powell, accused him on Wednesday “to shape monetary policy through a political lens, because you just don’t like tariffs.”

Wall Street: The behavior of some actions

General Mills He dropped 4.5% after the food processing giant warned about a weak sales growth and a drop in income in his current fiscal year, while dealing with operational difficulties driven by tariffs.

FedexMeanwhile, 3.5% collapsed after revealing a earning forecast for the current quarter that did not meet the expectations of analysts.

For its part, the actions of Paychex They fell 10% after the human resources management firm reported that the income and benefits of the fourth quarter were not convincing.

Blackberry advanced 12.9%. It was a consequence of raising its annual income forecast, claiming a stable demand in the middle of the increase in online crimes.

BP PLC It rose 1.5% since The Wall Street Journal reported that Shell was in initial negotiations to acquire the oil giant.

Invo fertility He climbed 5% after the company’s announcement for the approval of a new patent, for a modified version of its Patented Invocell device. This new patent extends the protection of intellectual property until 2040.

Robin Energy 23% collapsed after the energy transport services provider announced a registered direct offer of ordinary shares with a significant discount compared to the market price.