Trump’s poker stroke in Texas triggers a national battle for control of the House of Representatives

Wall Street remains cautious, between business results and American commercial policy – Trump's poker stroke texas triggers

Opinion (with AFP)

Washington – The New York Stock Exchange is playing caution on Tuesday, investors trying to assess the new customs threats from Donald Trump and the evolution of commercial negotiations, in the midst of the results. In addition, Around 1:50 p.m. Consequently, GMT, the Dow Jones was practically stable (+0.05%) while the Nasdaq index earned 0.28%and the enlarged S&P 500 index took 0.15%. Similarly, “It is not at all unusual to observe a day of waiting after a spectacular rebound at the start of the week. Moreover, ” comments with AFP Art Hogan, by B. Meanwhile, Riley Wealth Management. Nevertheless, On Monday, the main indices of the American square displayed a clear increase, like the S&P 500 (+1.47%). In addition, trump’s poker stroke texas triggers For Art Hogan. Similarly, Wall Street is now “very judicious to adopt an wait -and -see attitude” in the face of Donald Trump’s new pressures on the commercial level. Consequently, Thus. Moreover, India, with whom the United States has still not signed a commercial agreement, had so far to see its products be surcharged up to 25%. But Donald Trump threatened to go further “in the coming 24 hours”. notably accusing New Delhi for continuing to buy Russian oil. As for pharmaceutical products. the White House plans to target them by sectoral customs duties with a progressive rate over time, which could increase up to 250%. A few days before the scheduled date of entry into application of a wave of American customs duties on products imported from dozens of countries. “we are in an uncertain situation,” notes Art Hogan. The analyst notably raises the absence of agreement between Washington. trump’s poker stroke texas triggers its main trade partners, with the exception of the European Union, which will see its products arriving in the United States taxed up to 15%. “Investors expect better news on this subject, but do not yet panic, (…) conditioned to believe that things will improve as we will get closer to the deadline”, on August 7, judge Art Hogan. In parallel, the American place benefits from the “positive catalyst” of business results, according to the analyst. The majority of companies having so far shared their financial data “exceed their objectives in terms of profits. sales, and the forecasts are relatively solid, in particular compared to the first quarter,” says Hogan. On the indicators side. market players have hosted an American trade deficit in a strong decline, under the effect of a significant drop in imports. In the middle of a week without major economic data. they will observe the evolution trump’s poker stroke texas triggers of activity in services in the United States later in the session. On the bond market, the yield of the American loan at ten years, stretched somewhat at 4.22% against 4.19% the day before at the end. On the company side, the Palantant data analysis group (+8.69% to $ 174.62) was brought by the publication of its results, including a quarterly turnover exceeding for the first time a billion dollars. Palantir has also revised its objectives up, and now expects to achieve an annual turnover between 4.142 and 4.150 billion dollars. The American laboratory Pfizer (+3.85% to 24.43 dollars) benefited from results exceeding expectations for the second quarter. doped in particular by its vaccine and its treatment against COVID-19, but also by its drugs in oncology. From April to the end of June, Pfizer achieved 14.7 billion turnover (+10% over one year) and its net profit per share, given privileged trump’s poker stroke texas triggers by the markets, also stood up 0.78 dollars (+30% over a year). The specialist in caterpillar site machines (+0.67% to $ 436.72) resisted despite the publication of results decreasing in the second quarter. lower than market expectations, allocated in particular by negative exchange effects and downward prices. Nasdaq © Agency France-Presse