Wall Street has closed with purchases this Friday (Dow Jones: +1.00%; S&P 500: +0.52%; Nasdaq: +0.52%), which has allowed the S&P 500 and Nasdaq to renew historical maximum end to commercial negotiations with Canada and Threatening with tariffs. This, after the profits of the last days and after confirming United States and China that have reached a commercial pact. In the weekly computation, the Nasdaq has led the increases (+4.25%), followed by Dow Joneswhich has risen 3.82%, and the S&P 500which has advanced 3.45%. «We have just been informed that Canada, a country with which it is very difficult will impose a tax on digital services to our American technology companieswhich constitutes a direct and flagrant attack on our country, «said US president in his social network, Truth Social. In fact, the Republican has accused Canada of «imitate» the European Union (EU) that «he has done the same and that he is currently in conversations with us.» «Based on this atrocious tax, therefore We terminate all commercial negotiations With Canada, with immediate effect. We will inform Canada about the tariff they will pay To do business with the United States of America in the next seven days, «Trump added. Regarding the agreement with China, the Asian giant has committed to Raise rare earth exports restrictionskeys to Washington; and at the same time US will eliminate the restrictions imposed on the export of advanced chips. «We will deliver rare earths«And, once they do,»We will eliminate our countermeasures«said the secretary of Commerce, Howard Lutnick, in an interview with 'Bloomberg'. Lutnick has also anticipated that Donald Trump plans to sign the most important trade agreements for the US in the next two weeks, in relation to the deadline of July 9 imposed to sign these pacts. «We will make the 10 most important agreementswe will place them in the correct category and then other countries will fit behind, «he said. For their part, Donald Trump He pointed out that «we are having great offers» of other governments, and has suggested that the next country with which there could be agreement is India. «We have one on the way, Maybe with India, a very big«He said.
References of the day
With regard to the most outstanding references of the day, the PCE inflation indicatorthe most important reference for Federal Reserve when setting your monetary policy. Thus, the deflactor consumption has Untidated in May to 2.3% year -on -yearfrom April 2.2%, and in line with the forecasts of consensus. As for the underlying inflationa tenth has risen, to 2.7%slightly above 2.6% estimated.
Companies and other markets
In the business scene, they have highlighted the strong profits of Nike (+15.19%) In Wall Street, after the manufacturer of clothing and sports shoes exceed last night the forecasts of consensus with its results. In other markets, oil Brent has dropped 0.5% ($ 67.39), the euro 0.06% ($ 1,1705) and the ounce of gold It has lost 2% ($ 3,282). For its part, the profitability of the 10 -year -old bonus has regained 4.287%, and the Bitcoin has yielded 0.5% ($ 107,057).
