Wall Street rose after new donald Trump tariffs and banks

Wall Street rose after new donald Trump tariffs and banks

The New York Stock Exchange closed with the three reference indexes in green on Monday, because investors received several data that encouraged the increases: benefits on some tariffs on the part of the President of the United States, Donald Trump-Eeuu temporarily exempted tariffs at 20 categories of electronic products, including smartphones and computers, although 20% of tax are maintained above all Chinese imports-, the NVIDIA project and bank results of Wall Street; In all cases better to expected.

In this context, the Dow Jones index of industrialists rose 0.78% to 40,524.79 points; The S&P500 won 0.79% to 5,405.97 points and Nasdaq Composite showed 0.64% to 16,831.48 points

Regarding the tax issue, a tariff relief for electronic products and tariffs on pharmaceutical products are in the spotlight, since President Donald Trump announced that it would impose them to imported pharmaceutical products soon, which fueled the nervousness on the subject, just a few days after offering a suspension of the gravamens, which affected electronic products such as electronic products such as electronic products such as electronic products such as intelligent phones such as intelligent phones such as intelligent phones and semiconductors.

The first president, however, said that this was only temporary and suggested that he would reveal a tariff rate for imported semiconductors during the next week. The White House clarified that the exclusions aimed to give companies the longest to transfer production to the United States.

Wall Street: The outstanding actions of the day

The exclusion of the electronic products of the 145% tariffs imposed by Trump to China gave some relief to large technological ones with strong exposure to China. Specifically Apple (+3.9%) and Dell Technologies (+4.5%), ended with profits. Teslaalso sensitive to China, up 0.6 %% after giving previous profits.

Meanwhile, Intel Corporation He won more than 4% against the decision of the chips manufacturer to sell his majority participation in Altera to the private capital firm Silver Lake.

Nvidia I advance 0.5% after announcing Monday that they are working with partners to design and build factories that will produce IA supercomputers in the United States for the first time.

In an official statement, the technological giant said he secured manufacturing spaces to produce and test his Blackwell chips in Arizona and build supercomputers in Texas.

Chips Blackwell has begun at TSMC facilities in Phoenix, while supercomputer plants are developing with Foxconn in Houston and Wistron in Dallas. It is expected that “mass” production in both Texas sites will begin within 12 to 15 months.

Goldman Sachs.webp

Goldman Sachs reported a 15% increase in his net profits in the first quarter.

Banks add up

This week more corporate quarterly results will be published, being the figures of Goldman Sachs One of the most prominent on Monday. The bank giant reported a 15% increase in its net profits in the first quarter, which promoted the rise of its actions in 2.5%, induced by stock market operators that took advantage of the volatility of the markets to obtain record income for variable income.

The Wall Street bank joined its rivals JPMorgan Chase (-0.36%) and Morgan Stanley (+1.5%) When reporting solid profits, even when investors have focused their attention on economic projections, which are fogged by the concern that tariffs can boost inflation and trigger a recession. “While we enter the second quarter with a significantly different operational environment from this year, we continue to trust our ability to continue supporting our customers,” said GS executive director David Solomon, who highlighted the “great uncertainty” that leaked over the markets during the first quarter.

Johnson & Johnson, Bank of America, Citigroup and United Airlines will publish their results this Tuesday.

The greatest increases and casualties of the wheel

Among the actions that were most appreciated appear MP Materials (+20%), BBVA ARG. (+15%), Macro Bank (+14%), Grupo Galicia (+13.5%) and TGS (+11.5%).

Meanwhile, among the most resigned value were microalgo (-15.6%), LVMH (-6.2%), Applovin (-5.4%), Unity Software (-5.1%) and Tonix (-4.4%).

Ray Dalio: Tariffs and the US economy on the verge of recession

Ray Dalio, founder of Bridgewater Associates and one of the most prominent investors in the world, said the United States is on the edge of the recession, citing the economic disturbances caused by the tariff campaign of President Donald Trump and the global instability in general.

“I think we are at a critical point and very close to a recession,” Dalio said over the weekend, in an interview in the Meet the Press program of the NBC, when asked about whether the current commercial war could push the US economy to a recession.

The billionaire manager of coverage funds highlighted the wide tariff regime, which includes tariffs to dozens of countries, but has experienced unpredictable changes in recent days. Last week, the White House abruptly suspended tariffs for 90 days for many countries, excluding China.

Dalio described the strip and loosen as “very disruptive”, emphasizing that tariffs are “how to launch stones to the production system.” The uncertainty, he said, is considerably ballasting investment decisions and could harm the long -term productivity.

European bags, also on the rise

European actions also uploaded this Monday. The Stoxx 600 Paneuropeo Index advanced 2.7%, after registering its third consecutive week in red numbers, with more than 96% of the components registering profits.

All regional indices scored increases, with Germany up 2.9%, while France, Spain and Great Britain also registered advances greater than 2%.

The financial sector was one of the most upward, with the subscript of banks adding 3.9%. Deutsche Bank, Standard Chartered and Banca Monte Dei Paschi di Siena led the increases.

Source: Ambito

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