Wall Street has bounced strongly this Friday (Dow Jones:+1.66%; S&P500:+2.13%; Nasdaq:+2.61%), with the Nasdaq leading profitsafter the Falls Thursday in a agitated market by the tariff policy of Donald Trump and fearful to cause a Recession in the US. Despite today's rise, New York indices have finished a week of losses. He Dow Jones 3.07%have been left, while The S&P 500 and the Nasdaq have closed their fourth consecutive week down with falls of 2.27% and 2.43%, respectively. However, from the political point of view, the American Senate prepares to approve a provisional spending bill that Avoid a partial government closuresince everything seems to indicate that the Democratic senators will finally give their support, although not all, to the plan, which is why the main US indices have contributed up. However, Trump's tariff threats continue to dominate the feeling of investors. «Yesterday it touched the turn of wine and champagne. The following can be shampoo, perclabes or scooter tires. That is the problem: the unpredictability of the reactions of an American president who firmly believes in the threat as a form of relationship and the best way to achieve objectives that magnify its ego. Commercial confusion is absolute (and, by extension, about GDP, inflation … the economic cycle as a whole), «they comment in Bankinter. Therefore, these analysts reiterate that»The reality is that nobody knows almost nothing reliable right nowbut almost nobody dares to admit it. We insist that reliable conclusions cannot be drawn based on incomplete information, among other things because It is still early for economic indicators to show anything differentnot even the advanced ones. »
Inflation expectations shoot
This Friday's macro agenda has barely had references, but it has collected the preliminary reading of March of the March consumer feeling index that the University of Michigan elaborates, which has shown the Greater monthly jump in 32 years of inflation expectations. Specifically, long -term inflation expectations have risen to 3.9% in the third month of the year. «This is the greater monthly increase observed since 1993derived from a considerable increase among the independents, and followed a large rise in February, «they explain from the agency that disseminates the data. In addition, 12 -month expectations have risen to 4.9% in Marchits highest reading since November 2022, and mark «three consecutive months of unusually high increases, of 0.5 percentage points or more.» In the case of consumer's feeling indexhas extended its decline at the beginning of the year, to be 57.9 points in March compared to February 64.7.
Technical Analysis of Dow Jones
The last falls of the American indices have led to a Important complication of the technical aspect of Dow Jones. «Has asked for the support of the 41,647 pointsprices where the average of 200 sessions also converged. Eye that the abandonment of this average I could be confirming the formation of a double roof in the vicinity of the 45,000 points. This would mean a trend change that makes us extreme prudence in the short term, «says César Nuez, a technical analyst of 'BitcoinDynamic'.» Eye that in the medium term the objective of falling in the figure is found in the 38,000 points. Nevertheless, After the last falls of 10% of the last month, we do not rule out to end up seeing the start of a rebound that could be translated into the formation of a Pull Back at the average of 200 sessions. This should not confuse us since it could be the definitive confirmation of a change in trend, «adds the expert.
Companies and other markets
Currently business, the actions of Nvidia They have risen 5.27%, after reacting positively to the sales data of the Taiwanese firm Foxconn, whose billing has improved 56.43% in interannual terms in February.
In other markets, oil West Texas has risen 0.96% ($ 67.19) and Brent It has advanced 0.97% ($ 70.56). For its part, the euro 0.27% ($ 1,0882) has been appreciated, and ounce of gold has won 0.02% ($ 2,991). In addition, the 10 -year American Bonus Profitability It has revalued 4,318% and the Bitcoin has rebounded 5.14% ($ 84,488).
