Wall Street failed to register a third consecutive record on Friday: after having laid down, then dug its losses at the end of the morning, the buyers did not resume the upper hand and the Dow Jones fell 0.63% to 44.371, the Nasdaq Composite was crumbled from 0.22% to 20.585 and the S&P 500 dropped 0.33% at 6.260.
But the US indices have aligned a new week of increase with +0.5% for the ‘S&P’ and +0.85% for the Nasdaq (no new record despite intraday culmination at 23,648).
But what remains the most important thing is that Nvidia (+0.5%) has aligned a fourth absolute record (double session/fence) and has reinforced its crossing of $ 4,000mds ‘capital’, at $ 4,025MDS, practically representing 10% of Nasdaq’s weighting.
The US clues could have ended worse because Donald Trump had demonstrated on Thursday evening his intention to impose customs from 35% on Canadian products, remarks that maintained the uncertainty linked to the commercial file and his threats to the global economy … and he reoffended Friday by considering 30% customs duties for Europe (which hopes to negotiate 10%) … that Ulula von der Leyen would impose in retaliation.
The American president also said that he was considering generalized customs duties, between 15% and 20%, on most of the United States business partners, against a base of 10% currently.
The rebound in American actions, nourished in recent months by the idea that customs surcharge would ultimately be less worse than dreaded ‘, this week has come up against a series of major anxiety -provoking titles concerning trade, which makes analysts fear new episodes of volatility.
‘The resurgence of trade tensions with Canada, the risk that the European Union is inflicted heavier than expected customs duties and the basic customs duties scenario from 15% to 20%, all that is frankly what we wanted to see, “summarizes Scott Chronert, strategist at Citi.
But the markets are continuing their march forward, pulled by AI, which eclipses the temptations to lighten the wallets again and again.
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