US actions uploaded this Monday, since a rebound led by Nvidia in the technological sector compensated for the comments on tariffs of President Donald Trump, before the publication of key economic data at the end of this week.
In this context, the index Dow Jones de Industriales increased 0.38% to 44,470.41 points; The S&P500 won 0.67% to 6,066.44 points and Nasdaq Composite showed 0.98% to 19,714.27 points.
What happened to Wall Street actions?
Nvidia rose more than 4%and it is the one that led the technological market in general, after Evercore Isi said that the action was a purchase opportunity after the recent setback.
Nvidia fell recently due to fears of competition after the appearance of his artificial intelligence rival Deepseek, But Evercore, citing conversations with high -level artificial intelligence engineers in important cloud computing companies, said that Deepseek innovations represent incremental cost savings, but not a technological advance that changes the industry.
In corporate news, McDonald’s shares rose more than 5% After comparable sales of the hamburger giant exceeded estimates in the fourth quarter, and their business of authorized international markets was driven by the fortress in the Middle East and Japan.
On the other hand, the prices of the actions of United States Steel Corporation (+3.5%), Nucor (5.74%) and Cleveland-Cliffs (+18%), They shot themselves as a report of tariffs on steel and aluminum imports.
BP ADR rose more than 6% after Reuters initially reported over the weekend that activist investor Elliott Investment Management acquired a participation in the energy giant.
The actions of American Express Company fell 1.8% on Monday after the company’s financial director issued negative income forecasts for the first quarter. In an intervention in UBS Financial Services, American Express financial director, Christophe Le Caillec, warned investors that the revenues of the first quarter of 2025 would be inferior to those of the fourth quarter. Wall Street expected the first quarter’s income to remain relatively stable with respect to the fourth quarter.
American Express’s news also pressed the actions of his rivals Capital One finances (-1.8%) and Discover Financial Services (-2.1%) that fell into part-time operations.
New tariffs in the Trump administration
The first president said he will announce 25% tariffs on all imports of steel and aluminum to the US, a few days after their 10% tariffs on China entered into force.
Tariffs will be added to existing ones about metal imports, That Trump had imposed during his first term and that the administration Biden maintained, although on a less severe scale. The measure will affect the imports of Canada, Brazil and Mexico, since the three are the largest steel exporters to the US.
Even so, Investors expected Trump to offer some relief to Mexico and Canadasince last week he had postponed the plans to impose 25% tariffs on both countries, given their important role in the US supply chain.
Trump had offered tariff exemption fees to several United States allies during his previous mandate.
Key Publication of the CPI provided for this week
As for economic reports, This week’s attention focuses directly on the key inflation data to the United States consumer for January, which will be published on Wednesday.
The indicator is expected show that general growth From consumer prices it cooled in monthly terms in January and matched the annualized rhythm of December.
Rigid inflation provides the Fed to cut the interest rates, a trend highlighted by the Central Bank in January, when it kept interest rates without changes.
Federal Reserve analysts and officials have warned that Trump’s tariffs, They will be supported by American importers, they could also underpin inflation in the coming months.
The president of the Federal Reserve, Jerome Powell, will appear before the Capitol this week, where he will testify to the Senate Banking Committee on Tuesday and before the Chamber Financial Services Panel the next day.
This will be the first time you answer the questions of legislators since July 2024.
OpenAI continues to investigate Deepseek and there are conversations at the government level
OpenAI, the chatgpt producer, has been in conversations with government officials regarding his ongoing research on accusations that Deepseek from Chinamay have used unauthorized data from its technology. The information was shared by Chris Lehane, director of Openai Global Affairs, during a Bloomberg Television interview on Monday.
Last month, Deepseek He surprised the technology industry when he launched a new competitive model, claiming to have developed it to a fraction of the cost that others normally incur. However, this has led to speculation in the United States about whether the Chinese firm could have trusted Western technology to avoid substantial costs that are usually associated with such efforts.
Lehane did not provide more details about his conversation with government officials, But he confirmed that Openai has found some tests and continues to review the situation. The company’s research on the possible unauthorized use of its data by Deepseek is ongoing.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
