In this context, the Dow Jones index of industrialists dropped 0.03% to 41,953.32 points; The S&P500 lost 0.22% to 5,662.89 points and Nasdaq Composite depreciated 0.33% to 17,691.63 points.
Labor Market Report after the FED meeting
He Number of Americans who requested unemployment benefits For the first time it increased slightly last week, which suggests continuous resilience in the US labor market despite the possible obstacles that are coming due to the escalation of commercial tensions and the Trump administration initiative to reduce the size of the federal government. Initial unemployment requests, a hiring indicator, rose slightly to 223,000 In the week that ended on March 15, from an upward brand of 221,000, according to data from the Labor Department published on Thursday.
Economists had estimated the figure in 224,000. The FED maintained its reference interest rate without changes between 4.25% and 4.5% on Wednesday, as expected widely, keeping it at that level per second consecutive meeting. The Central Bank maintained its prognosis that rates will fall to 3.75% -4% in 2025. The president of the Fed, Jerome Powell, said it was still too soon to evaluate the impact of Trump’s tariff policies on inflation and economy in general. However, Fed’s inflation and GDP objectives suggest that it will not be insignificant.
US actions in his labyrinth
Apple It seeks to hire the Creator of Vision Pro, Mike Rockwell, to promote Siri (personal virtual assistant who helps Apple users perform tasks, activates with the voice, can answer questions and give orders), while the technological giant tries to boost his incursion into AI, Bloomberg reported.
The decision occurs when the executive director, Tim Cook, has allegedly lost confidence in the person in charge of AI, John Giannandrea, to execute the development of products, his actions fell 0.85%.Tesla INC lowered 0.72% to the decision of the manufacturer of electric vehicles to withdraw almost all cybertrucks in the United States to repair an outer panel, which could be delamed and detached, which increases the risk of accidents.
Microchip technology inc 6% fell after announcing on Wednesday night their plans to sell US $ 1,350 million in convertible shares to raise funds, pay the existing debt and carry out a border purchase operation. On the other hand, the shares of Five Below More than 1% rose after the discount store company reported results of the fourth quarter better than expected and predicted a solid quarter.
The actions of Darden Restaurants More than 6% rose when the restaurant operator announced the results of the third quarter of fiscal year 2025. The investors will have the opportunity to analyze the quarterly results of various companies later this day, including the logistics group Fedexthe chips manufacturer Micron Technology and the footwear company Nike.
The greatest increases and casualties of the wheel
Among the actions that were most appreciated appear, Tonix (+9%), ACV AUCTIONS (+7%), Bloom Energy (+6.1%), BBB Foods (+6.1%) and B3 SA Brazil (+5.4%).
While the most resigned value found, F&G Annuities (-15.1%), Joyy (-11.9%), VNET (-10.7%), King Soft (-10.4%) and Rigetti Computing (-10.2%)
HSBC vs the Federal Reserve due to the risk of new shareholding fall
US actions are still exposed to the risk of new falls after the Fed decision to keep interest rates unchanged and warn about the persistent economic uncertainty due to Trump administration tariff plans, according to HSBC analysts. The main stock market rates of Wall Street rose on Wednesday, since the operators increased their bets for interest rates of the Fed this year.
“Investors now foresee reductions of 68 basic points, compared to the 56 basic points (or approximately two point quarterfinals) prior to the latest Fed monetary policy announcement.” However, the actions have not yet recovered the recent casualties caused by the tariff threats of President Donald Trump. The S&P 500 fell 8% in the last month and has deleted all the profits that achieved shortly after Trump was chosen for a second term in the US presidency.
While HSBC analysts said that some of their feeling and positioning indicators are “revealing overall levels,” The contingency of a greater recovery in the US variable income persists. The Fed’s decision also did not question the “prevailing bearish feeling” around the US dollar, while a “prudent vision in the short term” is justified on the yields of the American treasure bonds, analysts added.
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.
