Wall Street has closed with purchases this Friday (Dow Jones:+0.52%; S&P500:+0.55%; Nasdaq:+0.70%) After the outstanding falls on Thursday and after knowing the February Employment Data in the United States, which have shown growth lower than expected, as well as the words of the President of the Federal Reserve, Jerome Powell. American indices have registered their worst week of the year, since the Dow Jones has lost 2.37% since Monday, the S&P 500 3.10% has fallen and Nasdaq, 3.45%. It should also be noted that the technological index Nasdaq 100 It has dropped more than 10% since its last historical maximum, registered on February 19. He market feeling has worsened ostensibly in recent days by the Donald Trump's commercial war and the constant changes in its tariff policy. The president postponed again until the April 2 some of the tariffs of the 25% applied to Canada and Mexicobut the tariff conflict with its two main commercial partners does not like the market. The latest novelty on this matter is that Canada He has also postponed his reciprocal tariffs until April 2.
Employment data … and Powell
The labor market has been the protagonist on Friday, after the February report was published, which has shown the creation of 151,000 jobs during the second month of the year. The data has been below the 160,000 new payrolls that the consensus of analysts expected. The president of the Federal Reserve has also focused the interest, Jerome Powellwho has assured in a monetary policy forum in New York that the agency It needs «greater clarity» about the policies that Trump is carrying out before making changes in the level of interest rates. «While there have been recent advances in some of these areas, especially commercial policy, uncertainty about changes and their possible effects remains high. As we analyze the information that comes, we focus on separating the noise signal as perspectives evolve. We do not need to hurry and we are well positioned to wait for more clarity«He said. This has been his last chance to go to the market before the blocking period begins on Saturday, due to the meeting that the Fed will hold on March 18 and 19.
Broadcom shoots
The chips manufacturer Broadcom 8.64%have shot, after exceeding consensus forecasts with the results of his first fiscal quarter, and to anticipate Optimistic estimates For the next quarters. Looking ahead to the second fiscal quarter, Broadcom expects the CHIPS SALES FOR IA increase up to 4.4 billion dollars. These forecasts have been very well valued by the market, after doubts that had emerged in recent weeks, due to the success of China Deepseek With less advanced chips.
Companies and other markets
Currently business, the actions of Walgreens have risen 7.45% after announcing that they signed a definitive agreement to be acquired by an entity affiliated with Sycamore Partnersa private capital firm specialized in investments related to retail sale, consumption and distribution. In other markets, oil Brent has risen 1.27% ($ 70.35), euro 0.57% ($ 1,0847) and the ounce of gold 0.32% has fallen ($ 2,917). In addition, the 10 -year American Bonus Profitability has rebounded 4,316% and the Bitcoin It has fallen 2.08% ($ 87,167).