Wall Street has closed with soft purchases this Wednesday (Dow Jones:+0.16%; S&P500:+0.24%; Nasdaq:+0.07%), that have taken for the second consecutive day to the S&P 500 To mark Historic maximums. This, as the market is still aware of the Trump Tariff Policywithout forgetting the Geopolitical situationafter the meeting held between the US and Russia in Saudi Arabia to normalize their relations and address peace in Ukraine. The US president has announced that he will impose 25% tariffs on the importation of cars, chips and pharmaceutical productsbut what will have More information In this regard the next April 2. «Trump, returned to the load with rates, pointing out that he is considering impose from April 25% or more tariffs on imported cars and new tariffs on semiconductors and the Pharmaceutical products«, they say on Link Securities.»It is about to see what credibility the investors give this new 'threat' on this occasionsince most of the market has assumed, at least for the moment, that rates are really a Negotiation tool More than a real and lasting threat, «add these experts.
The Fed Proceedings
In this session, the market has also remained attentive to the Federal Reserve (Fed)which has published the proceedings of his last meeting, in which he decided to pause the type cuts. The minutes They anticipate a prolonged pause in interest rates While the members of the Central Bank evaluate the effects of the new US government policies, with special focus on tariffs. In this way, the text ensures that, after the pause in January interest rates, The agency is «in a position to take the time to evaluate the evolution of the perspectives of economic activitythe labor market and inflation. «» The participants indicated that, if the economy remained close to the maximum employment, They would like to see more advances in inflation before making additional adjustments to the target range for federal funds. Participants observed that political decisions do not follow a pre -established course and are conditioned to the evolution of the economy, economic perspectives and risk balance, «says the text. As for the Macro agenda, it includes the weekly unemployment requests (Thursday); and the PMIS manufacturing and services February (Friday).
Companies and other markets
On the business level, the results season continues to advance and this Thursday will be the turn of Walmartwhich will make known some accounts that will be followed with expectation by investors when considered a good indicator of the health of the US consumer. Meanwhile, the actions of Intel 6.10% have fallen after the strong increases in the last days motivated by the Broadcom's interest in the company's design and marketing business. In addition, TSMC (Taiwan Semiconductor Manufacturing Company) also values the possibility of doing in control of some or all its founditions. In other markets, oil West Texas has risen 0.61% ($ 72.29) and Brent It has advanced 0.36% ($ 76.11). For its part, the euro 0.21% ($ 1,0424), and the ounce of gold has won 0.02% ($ 2,949). In addition, the 10 -year American Bonus Profitability has yielded to 4,539% and the Bitcoin has added 2.27% ($ 96,169).