In this context, the Dow Jones Index of Industriales He went down a 0.6% to 42,098.70 points; he S&P 500 He lost a 0.5% to 5,889.61 points and the Nasdaq Composite One depreciated 0.5% to the 19,100.94 points.
Fed Minutes alert for risks in increasing inflation and unemployment
The Responsible for the Federal Reserve They recognized in May that in the coming months they could face “Difficult balances” in the form of a Increased inflation and of unemployment, A perspective reinforced by the projections of a higher risk of recession, according to the minutes published on the date.
The combination of Increased inflation and the unemployment It would force those responsible for the US Central Bank to decide whether to give priority to the fight against inflation with a more restrictive monetary policy or cut interest rates to support growth and employment.
“Participants pointed out that the Committee (Open Market Federal) could face difficult balances If inflation turns out to be more persistent while the prospects for growth and employment weaken, “the minutes said.
“The participants agreed that the uncertainty On economic perspectives it had increased even more, so it was appropriate to adopt a cautious approach until the net economic effects of the series of changes in government policies are clearer, “he adds.
The results of the meeting of May 6 and 7 and the most detailed story of the same reflected in the minutes since then were over by Trump’s decision to delay the most aggressive tariffs, in particular the 145% tax to Chinese imports that threatened to paralyze a large part of world trade.
But, in theory, these tariffs are only suspended until July, waiting for negotiations on definitive tax rates, which maintained and keep the officials of the Fed The entrepreneurs, in the gloom on the economic landscape they can face in the coming months.
Nvidia and the future of AI a separate chapter
The Mega Technological Company He will publish his results of the first quarter after the closing of the market on Wednesday, and analysts await a positive fact.
The chips manufacturer is expected to have benefited from excessive internal demand, especially because its main clients called them “Hyperscalars” of Ia of Wall Streetcontinued to invest billions in the expansion of the capacity of their data centers.
In addition, attention will focus on the perspectives of Nvidiawhich will probably mark the pattern for the technology industry in 2025. Investors will also be attentive to comments on sales of Nvidia in China, since the company faces numerous export controls in USA Already greater competition in the country.
The executive director, Jensen Huangrecently criticized export restrictions on USAdescribing them as “failure”, and also predicted that China will become a market of U $50,000 million In the coming years.
What happened to some of the other Wall Street actions?
The actions of Macy’s They went down a 0.9% After the department store announced results of the first quarter better than expected, while lowering its prospects for 2025, to reflect the impact of tariffs, the reduction of discretionary consumer spending and the greatest competition in promotions.
Abercrombie & Fitch They uploaded a 13.8% After the clothing company announced profits from the first quarter that exceeded expectations, despite not reaching the expected income.
Dick’s Sporting Goods They advanced a 1.6% After the announcement of the company of sporting articles of some results of the first quarter better than expected, with record sales and comparable store growth, while reaffirming its prospects for the entire year 2025.
Okta One collapsed 14.7% After the cautious forecasts of the identity management software company, amid economic difficulties, generate restlessness in investors.
Victoria’s Secret & Co. actions collapsed up to 7% after the company’s announcement on a security incident that caused the temporary closure of its website and some services in premises. The retailer is actively working to solve the problem and said that his physical stores remain open.
The greatest increases and casualties of the wheel
Among the actions that were most appreciated appear, Joby Aviation (+28.9%), Box (+17.3%), Abercrombie (+13.7%), Unity Software (+13.7%) and Resorts (+9.1%).
While the most resigned value found, Tempus ia (-18.6%), Offshore saber (-15.5%), Okta (-14.7%), Pony (-13.5%) and Gamestop (-10.1%).
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.
