Wall Street indicators withdraw and wait for new market stimuli

The Wall Street Wave took a break on Tuesday when the shares fell, at a time when traders were waiting for new incentives to a height of six days, the S&P 500 index increased about 20% of its lowest levels in April. The standard US index lost its momentum after a $ 8.6 trillion jump that led it to ‘saturation per purchase’. The decrease in the most influential sector in the index, major technology companies, influenced the trade as the share of Alphabet fell 1.5% at the company’s developer conference. Tesla was the only major company whose shares rose, after Elon Musk said he was committed to running the Electric Cars giant five years from now. The yields of the long -term US treasury effects have increased, at a time when the upset budget negotiations in the United States focused on the growth of deficit spending. A senior official in the Donald Trump administration said the president is frustrated by claims to significantly increase the ceiling of state tax rebate and local taxes, citing stagnation in negotiations, with Republicans who wants to accept a large bill to reduce tax quickly. The markets await signs of the continuity of the rise despite the decline in equities, which is on the way in May to suddenly be strong for the S&B 500 index. The markets were calmed down after months of unrest, in light of the growing hope that the customs campaign launched by Trump will be less serious than expected. But investors are studying graphs in search of signs or this ascension continues, as the index approaches the levels that some technicians view evidence of a sharp rise. “There is no doubt that the momentum in the stock market is very strong. However, the market is in an exaggerated position in short term purchase so that it can see a break at any moment,” said Mali Mali of Miller Tobacco. He added: “But unless this interruption has a good reflection, the testing of these standard levels soon remains a very possible possibility.” The S&B 500 index fell 0.4%. The Nasdaq 100 index fell 0.4%. The Dow Jones Industrial Index fell 0.3%. Treasury bond yield has increased by three basis points for ten years to 4.48%. The dollar index fell 0.2%. Financial pressure, definitions and obstacles for the federal, strategists wrote in JP Morgan Chase & Co, including Tony Ski Li, in a note: “Risks such as ambiguity associated with customs tariffs, poor economic data and financial pressure, all factors that challenge the sustainability of the recent recovery in shares.” “We expect future fluctuations as investors still deal with a state of uncertainty on various fronts.” “It seems that further progress is needed for trade agreements. Alberto Musalm, president of the Federal Reserve in St. Louis, said the definitions of customs are likely to adversely affect the US economy and weaken the labor market. Targeted, staying. Financial is going to happen, “Magnuson added in an interview at the company’s New York office. He continued:” The lawmakers will undergo more tests, the return level at 5% is not the final rule. “Meanwhile, the currency option traders were ever pessimistic over the dollar track next year, according to one of the most popular investor morals. scale showing the purchase costs against currencies in the options market, up to a negative 28 basis points in favor of the sales options against the purchase options on the ‘Bloomberg for Instant Dollar’ index. is.