Wall Street suffered strong punishment against growing doubts about the independence of the Fed

Wall Street suffered strong punishment against growing doubts about the independence of the Fed

In that context, the VIX Volatility Index -An known as an index of fear for investors- went up 14%around 34%, although it remains well below the recent recent registered during market turbulence earlier this month.

On Monday’s wheel, the Dow Jones Index of Industriales He went down a 2.5% to 38,170.41 points; he S&P 500 He lost a 2.4% to 5,156.86 points and the Nasdaq Composite One depreciated 2.6% to the 15,870.90 points.

It happens that Trump launched a hard attack against the president of the Fed, Jerome Powellon Thursday, and his team evaluates the possibility of dismissing it, a measure that would question the independence of the Central Bank and further erode confidence in US assets.

The American stock market collapsed this Monday while President Trump intensified his criticism of Powell by pressing him so that Top interest rates. And it is that the growing commercial tensions feed fears of recession in the US, And both the dollar and the long -term treasure bonds registered strong falls.

Trump publicly supported preventive feats of fees and described Powell as “failure“, which questions the independence of the Fed and affects the confidence in the markets. North analysts warn that the loss of autonomy of the Central Bank could generate more unpredictable decisions and destabilize the market.

Powell Trump.jpg

Trump shakes markets with criticism of Fed and revives global volatility.

Tariffs and uncertainty discourage investors

The market drop in general occurs as investors offer more details about how trade develops, after Trump officials announced their intention to sign dozens of agreements during the 90 -day break, in force in tariffs elevated to several countries.

In a publication in Truth Social, Trump said the economy would slower unless Powell – who referred as “Mr. too late, a great loser” – immediately lower interest rates. This occurs after another publication last week in which Trump He also requested a low rate, and even hinted Powell’s possible “dismissal”, something that, according to the White House economic advisor, Kevin Hasett, the president’s team was analyzing.

Quarterly to arrive during the week

Google’s parent company, Alphabet (-2.5%) and the electric car manufacturer Tesla (-6%), led by Elon Muskthey will become the first of the calls “Seven magnificent” – Technological companies of great capitalization- in presenting its latest results this week.

The chips manufacturer Intel (-1.4%), the medication Merck (-0.7%) The technology company IBM (-1.2%) and Procter & Gamble (-2.3%), matrix of Pampersthey also appear on the results list of this week. As is American Airlines (-3.6%), your rival, United Airlines (-1.4%) presented last week a double perspective for the yearincluding a scenario that forecasts a recession that will seriously affect income and profits.

Wall Street: most outstanding wheel actions

The research division of Alibaba Group (-1.8%), Damo Academyreceived a designation of “Innovative device” of the US Food and Medicines Administration (FDA) for its IA tool that detects pancreatic canceraccording to him South China Morning Post. This designation allows an accelerated path to regulatory approval in the United States.

The AI ​​model, called Damo PandaIt was designed to detect pancreatic cancer in early stages using deep learning and abdominal computerized tomographs.

The actions of UPEXI INC. They shot a 335% After the announcement of a successful pricing of a private placement of US $ 100 million above the last closing price of the market, to finance the acquisition of Solana, indicating strong investor confidence.

The company, known for its consumer products and its recent diversification towards cryptocurrencies, declared that private placement consists in the sale of 43,859,649 AU $ S2.28 each shares each, with outstanding investors, including high -profile crypto venture capital signatures. The closure of the offer is expected to occur on April 24, 2025 or around that date, subject to the usual closing conditions.

On the other hand, the titles of Netflix Inc.they advanced a 2.6% After the streaming service executives indicated, they trusted that it could resist the economic consequences of Trump’s tariffs.

Recent figures pointed to a deterioration of American consumer’s confidence and a sudden increase in inflation expectations, “which generated greater concern against customers who, concerned about prices can stop the non -essential spending, including online purchases.”

The actions of Power Inc. They collapsed a 40% to the US $ 0.78, Agrated by weak results and reduced income forecasts despite the launch of a new hydrogen liquefaction plant.

The greatest increases and casualties of the wheel

Among the actions that were most appreciated appear, Microalgo (+75%), Forge Global (+42%), Highest Perform (+26%), Techno Pro (+11.3%) and AVIDITY (+8.6%).

While the most resigned value found, MP Materials (-11.7%), Universal Health (-11%), AST Space (-11%), ADMA (-9.7%) and Tenet (-9.5%).

Source: Ambito

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