Wall Street has risen with force this Wednesday (Dow Jones:+1.07%; S&P500:+1.67%; Nasdaq:+2.50%) After the Moderate messages from Donald Trump About the Commercial War with China and the president of the Federal Reserve (Fed), Jerome Powell. This, after Tesla accelerate 5.33% after saying Elon Musk that will reduce your dedication to doge (Government Efficiency Department) to «one or two days» from May. Thus, on the one hand, the Pacifying tone of the US president has helped reduce market voltage Given optimism to a possible tariff agreement with the Asian giant by pointing out that the rates «They will be reduced substantially». «We are going to be very friendly, they will also be, and we will see what happens», to add that will reduce the 145% tariff imposed on China. «It won't be so high, it won't be so high.» «Is difficult to stay up to US government policy at the moment. Scott Besent adopted a softer tone with respect to China last night, and then his boss seemed Scott Besenthe has approached positions with China again, ensuring that There is an «chance to achieve a great commercial agreement» with the Asian giant that ends the commercial war they have maintained in recent weeks. «If you want Refillibrize relationshipsLet's do it together, «he said during an appearance at the International Commerce and Finance Institute in Washington.» While the news is welcome, The great volatility of the Trump administration makes life impossible for investors. The risk of policy persists once again, and before this, the strategy of 'selling US' seems to continue, «adds this expert. Trump has also been shown More conciliator with Powell And now he says that has no intention of saying goodbye. «The press rushes with things. No, I have no intention of saying goodbye. I would like it to be a little more active in its idea of lowering interest rates.» The moderation of the tone with China has caused strong increases in technological actions and with exposure to the Asian giant, as Nvidia and Apple.
Musk will reduce your dedication to doge
On the other hand, the market looks Tesla With a renewed mood after Musk has advanced that will reduce your dedication to doge (Government Efficiency Department) to «one or two days» from May. The company, which presented its results on Tuesday at the close of Wall Street, has obtained a Net profit of 409 million dollars in the first quarter of the yearwhich represents a 71% decrease in relation to the same period last year. The billingon the other hand, has fallen 9%to reach 19,335 million, while the consensus of analysts expected 21,110 million dollars.
With the focus on the PMIS and the beige book of the Fed
From the macro point of view, the agenda has several outstanding references during the next sessions. This Wednesday the Pmi services and manufacturing of April, They have shown a brake of business activity, as trust «collapses» and prices go up.
Chris WilliamsonS&P head of Business, ensures that «the first data of the April preliminary PMI point to a marked deceleration of business activity growth At the beginning of the second quarter, accompanied by a fall in optimism about perspectives. «» At the same time, Pressure on prices intensifiedcreating a problem for the Central Bank, which is under a growing pressure to underpin an economy in weakening just when inflation seems to be about to increase, «he adds. Investors have remained attentive to the Beige of the Fed, which has shown a «generalized uncertainty» by tariffs.
Companies and other markets
In the business level, it is news Intelwhich has risen 5.41% because You could announce this week a 20% template reduction worldwidewith the objective of «eliminating bureaucracy», «rationalizing management» and «reconstructing a culture driven by engineering». The actions of Boeing They have also advanced 6% after reduce your losses by 91% In the first quarter. In other markets, oil West Texas has dropped 2.31% ($ 62.20) and Brent It has retreated 2.06% ($ 66.05). For its part, the euro 0.83% ($ 1,1326), and the ounce of gold 3.53% have fallen ($ 3,299). In addition, the 10 -year American Bonus Profitability It has relaxed 4,387% and the Bitcoin has added 1.99% ($ 93,264).
