Wall Street closed with a major

In this context, the Dow Jones index of Industriales rose 0.28% to 44,593.65 points; The S&P500 won 0.03% to 6,068.50 points and the Nasdaq Composite depreciated 0.36% to 19,643.86 points.

Jerome Powell’s immovable posture

The president of the FED on Tuesday to the Senate Banking Committee, which Monetary policy is already less restrictive and the economy remains strong. “Now that our political position is much less restrictive than before and the economy is still strong, we do not need to adjust them,” he emphasized.

The yields of the treasury bonds advanced after what was stated by the official, since bets on a cut of the rates decreased, and now Sand expects the Fed to keep the rates without changes in the March meeting.

Powell plans to testify to Congress on Wednesday, where several questions on the impacts of Trump’s policy on the economy and the inflationary process are expected to face.

The testimony will come shortly after a new inflation report that is expected to show a general cooling, but an increase in the underlying. In December, consumer prices increased by 2.9% year -on -year, above the target level of the central bank of 2%.

Donald Trump signs orders on steel tariffs and aluminum

President Trump He fulfilled his threat on Monday night and signed executive orders that impose 25% tariffs to imports of steel and aluminum, while stating that there would be no exceptions to these.

The main steel exporters, such as Canada, Mexico and Brazil, were subject to some fees -based tariff exceptions, which will now be revoked.

Trump warned that metal tariffs could increase and that was considering tariffs on cars, chips and pharmaceutical products. The president also pointed out plans to increase US import tariffs so that they coincide with foreign tariffs on the importation of US assets.

The quarterly are still flowing

The RESULT RESULT SEASON It has already exceeded half of its route and it is expected that the companies of the S&P 500 have registered income growth compared to the same period of the previous year of 14.8%, compared to estimates of less than 10% in principle of 2025.

Regarding the resultsCoca-Cola rose more than 4% after the sodas giant exceeds estimates of benefits and income of the fourth quarter, helped by the strong demand for their soft drinks and juices and for the increase in prices.

Spotify’s titles advanced more than 4% after the electronic commerce company published sales of the best holiday quarter than expected thanks to consumer spending and to its deployment of artificial intelligence functions, which eclipsed its pessimistic forecast of benefits for the first quarter.

Marriott International rose more than 2% despite the fact that the hotel company predicted profits by 2025 below the estimates, affected by the poor performance of its hotels in China.

WK Kellogg advanced 2.6% after the cereal manufacturer for breakfast predicted annual profits above expectations and reported better income than expected, since their efforts to control costs promoted their margins.

Apple and Alibaba will develop artificial intelligence functions for iPhones in China

Apple recently started working with the Chinese Electronic Commerce giant Alibaba To help develop their artificial intelligence functions in China, while the iPhone manufacturer tries to reactivate sales in decay and combat the intensification of competition in the country, according to The Information.

Apple’s shares (+2.4%) and Alibaba (+1.6%) that are quoted in the United States rose in Tuesday’s operationswhile the price of Baidu’s shares, a company similar to Alibaba, fell more than 4%.

Companies have presented artificial intelligence improvements developed in China to the local cyberspace regulator, The Information said in their report, he also pointed out that the association between Apple and Alibaba had achieved significant progress.

Apple previously announced a campaign to carry artificial intelligence To his flagship intelligent telephone through what he has called “Apple Intelligence”, although a slow international launch of the service has recently raised concerns among analysts.

Specifically, Beijing demanded Apple to work with national companies, to build artificial intelligence models for phones sold in China.

Apple was testing different models of Chinese artificial intelligence groups since the beginning of 2023 and last year selected Baidu as its main partner, according to The Information.

Howeverthat relationship ran into an obstacle when Baidu’s progress in the development of Apple Intelligence He did not meet the standards of the Manzanita firm, the Information added. It was not clear if Baidu’s models were completely discarded by Apple, they added.

Subsequently, Apple began looking for other options in recent months, Including the models of Tencent, Bytedance, Alibaba and the new Deepseek company, the news media reported. The news comes after Apple executives said now they expect sales to grow in a low to medium digit in their second fiscal quarter. The orientation exceeded expectations and pointed out an impulse in the demand of the iPhone, according to Reuters.

The perspective helped to calm some concerns about the sales of the iPhone, which fell marginally and did not reach estimates in their key trimester of Christmas shopping, “”due to the fact that the new artificial intelligence functions of the firm are not available in some markets, including China. ”