Wall Street It ended up this Friday, February 14, since the Data that point to consumer weakness and inflation concerns weighed on trust.
In this context, the Dow Jones index of industrialists fell 0.37% to 44,546.08 points; The S&P500 lost 0.01% to 6,114.63 points and the Nasdaq Composite showed 0.41% to 20,026.77 points.
Retail sales fell in January
The United States retail sales contracted more than expected last month, since a cold wave and natural disasters affected the expenditure activity that has been largely driven by a resistant labor market.
Retail sales fell 0.9% Last month after an increased increase of 0.7% in December. Economists had predicted a 0.2% drop in retail sales, which mainly include goods and are not adjusted to inflation, after an increased increase previously 0.4% in December. In interannual terms, retail sales advanced 4.2%.
Inflation indicators, both consumer prices and production, have been higher than expected this week.
Trump draws a road map for reciprocal tariffs
The president of the United States, Donald Trump, signed on Thursday an executive order that describes the Plans to impose trade tariffs that would match or exceed taxes by the main business partners to US imports, In the last escalation of his campaign to review the commercial relationship of the United States with his friends and adversaries equally.
However, Trump did not immediately impose the new tariffs, but he chose to potentially carry out weeks of investigations on the commercial ties of the United States with a series of countries, including traditional allies such as the European Union, South Korea and Japan.
Actions: A Nvidia turn was surprise
The actions of Nebius Group experienced a 5% rise on Friday after the recent presentation of the NVIDIA form, which revealed a new position in the company.
On the contrary Soundhound ai who lost 30%Serve Robotics that collapsed 40% and Nano-X that discounted 12%, suffered important removes since Nvidia would not maintain participations in these companies.
Form 13F, which offers a quarterly update on institutional investorshe showed that Nvidia had liquidated her positions in all three.
This decision of Nvidia, a key representative in the technological sector, seems to have influenced the feeling of investors, “Causing a massive sale of the shares of the companies from which it has been withdrawn.”
Weride INC also experienced an extraordinary increase, with his actions shooting 110% after being included as another new position for Nvidia. This valuable gain reflects the optimism of investors in the back of an important technological fund.
Changes in the Nvidia portfolio offer a vision of the company’s strategic turns and are closely followed by the operators.
On the other hand, the actions of Vera Therapeutics Inc. Disridated 19% by reacting the market to the news about a competitive drug that could challenge the company’s position in the disease of the autoimmune diseases.
The fall was attributed to the new information published by Otsuka about its Siberelimab drug, which is expected to be a direct competitor of the Vera Atacicept. The PDF Solutions titles fell 17% after the presentation of the mixed results company for the fourth quarter.
The data solution supplier for the semiconductor and electronic ecosystem revealed a benefit per action (BPA) of the fourth quarter of $ 0.25, slightly below the estimation of analysts of $ 0.26.
Commodities: Silver shone
Silver prices reached on Friday their highest level since the end of October, clinging to factors that led to gold to successive historical, and some analysts suggest “that metal investors could try to challenge a maximum of 10 years just below $ 35 per ounce.”
However, others in parallel were cautious about the market trajectory, given the greatest volatility of silver and the impossibility of reaching vertiginous heights similar to those of gold in 2024.
Silver in cash rose 2% au $ s33 the ounce, having reached its highest level since the end of October Au $ S33.41. The white metal reached a maximum of more than 10 years of US $ 34.8 the ounce on October 22.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
