Wall Street indicators take off amid renewed concerns about customs duties
The “Risk Avoid” -Taat of Wall Street prevailed as the Federal Reserve decision approached as the shares decreased and the bonds rose, at a time when US President Donald Trump’s statements regarding customs duties could not calm the fears that his commercial war would lead to economic damage. After the S&B 500 index almost wiped out its losses, the session ended with a 1%decline. Trump said he would determine the levels of customs duties and concessions for partners who want to avoid high mutual fees, as it gives up the idea of going on mutual negotiations. This commercial tension has lit a wave of profits in treasury bonds, which received extra support after a successful sale of effects for ten years worth $ 42 billion. Trump’s recent remarks show that he can continue to change his approach, leading to the fluctuation of financial markets that are already anxious due to the effects of his customs policy. In the absence of any major breakthroughs, investors rushed to ignore the signs of the Treasury Scott Besent, in which he talked about the negotiations with a number of commercial partners going well. Expectations to keep the benefit unchanged just a day before the federal decision, traders expect monetary policymakers to keep interest rates unchanged. Despite Trump’s increase in his pressure on the federal to resume reducing interest, officials mostly emphasized the need to wait and see how the commercial policies implemented last month will affect the economy. “If the traders hope that the federal will bring tomorrow to save the world and reduce the escalation of uncertainty, by a sign of a clear tendency towards facilitation, they should think again,” said Thierry Weizman of “Macquari”. The S&B 500 index fell 0.8%, the Nasdac 100 index fell 0.9%, and the Dow Jones Industrial Index fell 0.9%. The results of US businesses are pushing the market into extensive trading, and the shares of “Marfel Technology” have decreased after the disk industry reduced the maximum range of its revenue expectations, postponing the efficiency of investor day, and the economy “noticed” uncertainty. The company “Revyan Automotive” has announced that its deliveries for the whole year would fall more than he expected. As for the expectations of ‘Super Micro Computer’, they came without market estimates. On the other hand, ‘Advanced Micro Device’ provided optimistic expectations. Treasury effects for ten years have dropped by five basis points to 4.29%. The Bloomberg Instant Dollar Index fell 0.3%. The expectations of lowering fees on China to a historic height wave of stocks, streets at Goldman Sachs Group said that the current evaluation of the markets leaves a narrow field for continuing the last rise. As for their peers at JP Morgan Chase, they saw that American origin is “not a safe place to hide.” In HSBC, Max Keitner said he was still tactically careful because “the basics are still gloomy.” “The possibilities of rising in a laxative stock market are evaporated, amid the ongoing state of commercial uncertainty, and major economic risks that have not yet been adequately counted,” said Michael Brown of “Bibreson.” He added: “I still buy gold when I descend, and sell the dollar to the rise.” Meanwhile, investor billionaire Paul Tudor Jones said he expected Trump to reduce customs duties on China by 50%, but he warned that the markets could score a new bottom, even if he did. “You have Trump, who complies with customs duties, and you have a federal compliance not to lower the benefit … and it’s not good for the stock market,” Jones, the founder of the divisional fund, told the Tudor Investment Corp on Tuesday. Jill Carrie Hall, the strategy in ‘Bank of America Corp’, wrote in a research note on Tuesday that the bank customers of individual investors bought US shares for a period of 21 consecutive weeks until last Friday, which is the longest purchase chain, despite the bank. System, and built centers in each of the indicators and individual equity funds. According to the bank’s data, eight of the 11 sectors saw the S&B 500 index, net internal flow of this segment since the beginning of the year. “This market data indicates that fluctuations in the short term are a candidate to continue, but at the same time it provides opportunities for investors with a long horizon to take advantage of temporary disorders in the market,” said George Maris of Princess Asset Management.