Stay in view of the free updates
Simply subscribe to US shares Myft Digest – it is delivered directly to your inbox.
American stocks fell more than two months, as a bout of dark economic data showed feelings between consumers and companies, calming a month at Donald Trump’s presidency.
The S& P 500 index fell by 1.7 percent on Friday, the worst chip for the Wall Street Blue Chip index since December 18, when the Federal Reserve reduced interest rates however He referred to a slower pace Facilitating monetary policy in 2025.
The NASDAQ, which focuses on technology, decreased by 2.2 percent in its most severe shipment since January 27, when Big technology The stocks were anxious about the progress made by the Chinese company Deepseek for artificial intelligence, as it shook the sector.
The sharp decline came as a series of reports indicating that the largest world economy He was facing the increasing opposite winds of high rates and enlargement. Trump’s tariff also began to feel feelings between consumers and companies.
Wall Street’s oscillation cuts a gathering in American stocks, which sent the S&P 500 to a record level on Wednesday.
Trump’s policies gave lowering regulations and seeking to enhance arrow growth in a batch after his election in November, but some of this enthusiasm has recently reduced with the spread of fears of the effects of customs tariffs, which are widely expected to increase inflation.
The data released on Friday showed that sales of the formerly owned homes decreased by 4.9 percent in January of the previous month, as the buyers struggled with high mortgage rates and high prices over large areas of the country.
Meanwhile, a consumer confidence of the University of Michigan has decreased sharply in February of January. The survey also showed that long -term inflation forecast had reached the highest level since 1995.
“The brief answer is that the consumer suffers from problems,” said Steve Sosnik, the senior interactive economist.
Separately, a survey that was closely seen from the S&G Global indicated that the activity in the vast American services sector that was contracted at the fastest pace in more than two years. Manufacturers noticed that the costs of inputs increased sharply as a result of the high prices caused by customs tariffs and wage pressure.
“The optimistic mood that was seen between American companies at the beginning of the year has evaporated, replacing it with a dark image of increased uncertainty, stopping commercial activity and high prices,” said Chris Williamson, S& P Global Markt Intelligence.
This reflects the expansion of the sale of Friday, nearly four out of five S&P 500 shares, and Rusell 2000 fell to the maximum focus, which includes more local concentration groups, fell over more than 2 percent.
Only foodstuffs have acquired consumers – a classic defensive play – on Friday outside the S&P Eleven. The appreciation of the consumer, which works well when the growth was good, was the worst performance, as it slipped by 2.8 percent.
On Friday, the expiration date for a large number of stock options was distinguished. These sessions often tend to have a volatile stock price movements.
The sales process was a march in the treasury notes, as investors sought the relative safety of government debt, and comes at a week of continuous geopolitical uncertainty.
Trump said earlier this week that he would be offered 25 percent on auto imports – as soon as April 2 – and also announced the possibility of drawing fees on semiconductors and pharmaceutical preparations. The United States has also said it will impose huge definitions against Mexico and Canada, its largest commercial partner.
The administration also cuts thousands of workers from the federal workforce, and Trump tested political nerves by opening peace talks with Russia on ending the war in Ukraine and called on President Voludimir Zelinski “dictator”.
The return on the US cabinet for 10 years decreased by 0.08 degrees Celsius by more than two weeks from 4.42 percent.
Government bonds also rose in Europe. The return on Bond decreased for 10 years 0.08 degrees Celsius at 2.45 percent before Germany Federal elections On Sunday, which opinion polls indicate the Christian Democratic Union will win the center right.
Unlike their peers in the United States, the wide scale of the largest shares of Europe was closed on Friday, although Dax in Germany closed a little less.
Participated in additional reports from Jennifer Hughes in New York
https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F9e2b2515-3163-4f39-a83a-8c2d4c744158.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1
Source link