Wall Street closed with slight casualties waiting for crucial negotiations between the US and China

Wall Street closed with slight casualties waiting for crucial negotiations between the US and China

In this context, The Dow Jones index of industrialists fell 0.3% to 41,249.38 points; The S&P500 lost 0.1% to 5,658.61 points and the Nasdaq Composite was unchanged.

Trump suggests 80% tariffs to China in the prior to negotiations

Before the meeting between US officials and their Chinese counterparts this weekend, President Trump hinted at a possible 80% tariff to China in a publication on social networks, which cooled some expectations of a progress in the current commercial war between the greatest economies in the world.

In his publication, Trump declared: “Trump: An 80% tariff to China seems correct! It depends on Scott B.”, referring to the US Treasury Secretary, Scott Besent.

It is not clear if Trump intends that the 80% tariff be a long -term measure, a temporary reduction of the current 145% tariff, or if Besent is granting the authority to negotiate lower tariffs with China.

An 80% tariff would be significantly lower than the current 145% tariff imposed on many Chinese products, however, even this reduced rate could be considered a barrier to trade.

The busy entrance week of quarterly ends

AFIRM Holdings It sank 15% after the company’s prospects, which operates with an immediate purchase system and subsequent payment for the fourth quarter and fiscal year 2025 did not impress, even after reporting profits from the third quarter better than expected.

Expedia He skidded more than 7% when the Warnethral Street income estimates did not reach the Estreet’s quarterly demand due to a minor demand in the US. UU.

The actions of Pinterest 5% were shot after the image exchange company presented a solid prognosis of quarterly income, which dissipated investors’ concern about the uncertainty of advertising investment on its platform in the midst of world economic volatility.

Coreweave 7.7% fell while the company, which recently reduced its initial public offer, is allegedly in conversations to raise approximately 1.5 billion dollars in debt.

Lyft On Thursday, its sharing repurchase program increased to 750 million dollars while the shared transport company went on benefits in the first quarter. The actions shot more than 28.8% on Friday.

The greatest increases and casualties of the wheel

Among the actions that were most appreciated appear, REGENCELL (+76%), LYFT (+28.8%), Rumble (+23.1%), Trans Medical (+22.3%) and Insulet (+20.7%).

While the most resigned value found, Onto Innovation (-29.7%), Medical Globus (-24.5%), Compass (-18.2%), AFIRM (-15%) and Global Star (-12.5%).

Unido-rear pact: some win, others not so much

The commercial agreement between the United Kingdom and the US does not dismantle the 10% Trump base tariff, but offers strategic victories for the main British exporters, in the automotive, aerospace and steel sectors. Lale Akonon, an Etoro Global Analyst Financial Services Company, comments on the effects of the commercial pact between the US and the United Kingdom, “Jaguar Land Rover, Bentley and McLaren commercialize more calmly, the exports of the United Kingdom cars to the USA. They will now face a 10% tariff (compared to 27.5% potential) which effectively covers 99% of the current commercial volume. “

“Jaguar Land Rover praised the agreement as significant progress, with implications for long-term investment. Rolls-Royce obtained tariff free access for its reaction engines, which promoted its shares 3.6%. Boeing rose 2.8% after knowing an agreement of 10,000 million dollars with IAG (International Airlines Group),”.

Steel producers like Tata Steel also benefit: 370 million pounds of annual steel exports to the US are now in a more solid position, says Etoro analyst.

However, not everyone celebrates, “British exporters of food and drinks still face 10%tariffs, and national farmers fear an avalanche of ethanol and vaccine subsidized US.“Investors should be attentive to opportunities in the British Variable Income, sensitive to exports, and in US multinationals that benefit from reciprocal access,” it is about tariff diplomacy for quotas, and the model could last, “concludes Akoner.

Source: Ambito

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