Wall Street closed with a major

The New York Stock Exchange closed, since investors did not assimilate the unclear statements of the Treasury Secretary, Scott Besent, While they are waiting for results reports, of the US companies of great capitalization, with a combined market value of around US $20 billion.

In this context, the Dow Jones index of industrialists rose 0.28% to 40,227.59 points; The S&P500 won 0.06% to 5,528.59 points and the Nasdaq Composite depreciated 0.10% to 17,366.13 points.

Commercial confusion between the US and China

The main Wall Street indices They registered weekly profits on Friday After Alphabet’s quarterly results, better than expected, promoted optimism on artificial intelligence, prolonging the recent rebound in the technological sector.

“There is still a lot of hope and enthusiasm around commercial agreements, which could avoid a strong fall of the S&P500 short -term, but the index is at the upper end of its contribution range and should not be promoted beyond 5500,” said Adam Crisafulli, an analyst at Vital Knowledge, in a morning note to his clients.

Trust was also backed by the press reports last week that showed that China had exempted certain US imports from their 125%retaliation tariffs.

But the investors were cautious again on Sunday, when the US Secretary of the US, Scott Besent, contradicted the previous statements of President Donald Trump, stating “that he did not know any ongoing tariff negotiation with China and that he was not sure if Trump had recently spoken with the Chinese president, Xi Jinping”.

This contradicted Trump’s statements last week, where he suggested that conversations with China were being held. However, in an interview with the CNBC on Monday, Besent in an attempt to reassure the waters, said that many countries have presented “very good” tariff proposals. He also said that all sectors of the US government are in contact with China and that it is the responsibility of reducing tension.

Quarterly results in sight

Investors are pending the quarterly of some of the MEGA Capitalization companies such as Apple Inc, Microsoft Corporation Amazon and Meta Platforms Inc. Microsoft and Meta will publish their results on Wednesday, while Apple and Amazon will do so on Thursday.

These reports are key to evaluating corporate resilience amid the continuous tariff tensions and concern for capital investment around AI.

Among the Pony Actions (+47.2%), Technnopro (+11.3%), Adma Biologics (+10.5%) and Bio Haven (+8.4%). While the most resigned value found, Telix (-7.3%), Goosehead (-6.6%), Clean Spark (-6.5%), SK Telecom (-6.2%) and Scheneider Electric (-5.93%).

JPMorgan in a cautious posture hasts the 2nd semester

According to JPMorgan’s strategist, Mislav Matejka, who maintains a cautious posture for now in the face of high macroeconomic risks, data moderation and continuous uncertainty about commercial policy.

“We continue to think that we could be risk buyers at some point in the second half of 2025,” Matejka said in the bank’s last strategy note.

However, he added that several conditions must be met before adopting a more constructive posture, including “that hard data can close the gap with soft data first, that benefits projections are rejoiced, that weak forecasts cease to be an obstacle and that the tariff sway settle in the coming months.”

Soft economic indicators, such as consumer confidence, future production expectations and labor market perceptions, have been deteriorating, even when some hard data, such as industrial production and increased employment, remain resistant. The weekly profits of profits have fallen to their lowest levels in years, and the number of employment cuts announced has reached recessive levels, the note highlights.

Meanwhile, trade remains a key factor. While recent headlines suggest a partial withdrawal of some of the most extreme tariff proposals, Matejka warns that “it is likely that they end with much higher tariff levels than most expected at the beginning of the year.”

“We believe that we must be cautious with risk,” he wrote, citing the combination of commercial and fiscal obstacles, discounts of gains qualifications and higher inflation expectations.

Even so, the strategist foresees a possible more favorable scenario at the end of this year, especially if commercial tensions are relieved and the Federal Reserve begins to modify its political position.