Wall Street bounces with the focus on Powell and Trump's tariffs

Foto del autor

By TP


Wall Street has bounced this Monday (Dow Jones:+0.38%; S&P500:+0.67%; Nasdaq:+0.98%)after closing last week with average falls of 0.5%. Investors are still focused on tariff threats Donald Trumpand await several outstanding economic and monetary references. In the session, The Nasdaq has been the most bullish indexsupported by the increases of technological ones, such as Palantir or Broadcom. The experts of Rent 4 They explain that the American president has «announced 25% tariffs on steel and aluminum imports of all countries, although without specifying the implementation date, and where the most affected will be Mexico, Canada and United Arab Emirates, and dependent industries such as aerospace or energy. «» To this is added the fact that this week this week will announce reciprocal tariffs To those countries that have tariffs for American imports, «they add. Companies linked to these materials have won in the session. Specifically, Cleveland-Cliffs has risen 17.93% in the stock market, while Nucor has advanced 5.58% and Steel Dynamics It has risen 4.87%. For its part, US Steel has rebounded 4.79%.

Main references of the week

On the other hand, beyond Donald Trump, the first important reference for Wall Street will be the intervention (on Tuesday and Wednesday) of the president of the Fed, Jerome Powellbefore two Congress committees (Senate and House of Representatives), to give their biannual testimony, in which he will talk about him Economy status and about monetary policy. «It will be interesting to hear your opinion about the Potential Impact That in economic growth and inflation can have the 'tariff factor', «says Link Securities experts. In economic matters, the most prominent reference will be the January IPC in the United States. These analysts anticipate that «will confirm that the Disinflationist process remains stagnated in the countrywith inflation, both the general and its underlying, keeping very close to 3%. «» Any reading above what was expected could cause tensions in European bonds and actions and Americanssince it would open the door to potential types of types in the US in the not so distant future, «these experts warn.

Business results

In the chapter of business results, several important companies will present their figures in the next few days, such as Coca-Cola, Airbnb, Applyed Materials, Global, Deere and Modern Coinbase. The one that has rendered accounts this Monday is McDonald's, that has risen 4.8% in the session after presenting mixed results, which have disappointed in the sales chapter for the weakness of the US client.

Companies and other markets

Currently business, the actions of Nvidia have risen 2.87% after the support shown by analysts of Evercore ISI, which have included the chips manufacturer in their upper tactical performance list. In other markets, oil Brent has risen 1.79% ($ 76.01). For its part, the euro 0.20% ($ 1,0306), and the ounce of gold It has rebounded 1.60% ($ 2,933), even renew historical maximums. In addition, the 10 -year American Bonus Profitability It has revalued 4,501% and the Bitcoin has risen 1.05% ($ 97,342).