Wall Street ends the week in the red

The New York Stock Exchange ended the week in the red on Friday. Similarly, revealing its fears about the many customs threats of Donald Trump, including those towards Canada.

The Dow Jones lost 0.63 %, the NASDAQ index fell 0.22 %and the enlarged S&P 500 index dropped 0.33 %.

A new series of customs duties on the part of President Trump weighs on the appetite for the risk at the end of the week since the actions come back from new records reached during the exchanges of yesterdaysummarizes Jose Torres. In addition, d ‘Interactive Brokers.

President Donald Trump was again targeted Canada on Thursday by imposing 35 % surcharge. Furthermore, one of the highest rates announced since the start of the week, accusing the second United States trading partner for retalling his customs duties.

Since the start of the week. Therefore, around twenty countries, mainly Asian, have already received a letter aimed at notifying them the surcharge rate that will be applied to their products from August 1.

Questioned by theAFPAdam Sarhan. of 50 Park Investments, estimates that the market reaction remains really up Despite the decline observed on Friday.

The Nasdaq and the S&P 500 have both made several records at the end in recent days.

We have not yet seen new substantial customs duties be actually appliedhe explains.

Investors are also waiting for the spell that will be reserved for several powers. including India and the European Union.

A management at the market – Wall street ends week red

For the coming week. a long list of important data will be able to provide management to the market, warns Jose Torres.

Market players are waiting for inflation figures (ICC) and producer side (PPI) next week next week. A new indicator on consumer confidence will also be published.

Economists. investors wall street ends week red will closely monitor whether the customs duties imposed by Donald Trump have repercussions on the supply chain or on store shelves and they will use this information to assess the pace to which the Fed [la banque centrale américaine] descends the steps of the staircase of monetary policyanticipe M. Torres.

The vast majority of investors believe that the American central bank will maintain its rates at this level at the end of its next meeting. according to the indicator published by CME, FedWatch.

However, there are fewer and fewer to anticipate a rate drop in September.

On the bond market, the yield of the American loan at ten years was clearly tied at 4.42 %, against 4.35 % the day before at the end.