The New York Stock Exchange ended on Thursday after the volatile meeting, US President Donald Trump on April 2, on April 2 investors paid attention to the mutual tariff actions announced by US President Donald Trump.
The main indicator, industrial dough Jones, closed close to stability, fell by 0.03%, 41,953.32 points, while the Nasdaq technology has backed down to 17,691.63 units. The already extended index S&P500 – which has joined 500 major companies – lost 0.22%, ending at 5,662.89 points.
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“We were first in red, then we went green before we got red again,” the analyst of the consulting company CFRA said to AFP Sam Stoval.
“In general, when there is no more data to move the markets, it is like wavesless surfers: operators (…) ends up creating their own waves,” he said.
From the previous day, the market is still digesting the Federal Reserve (Fed, US Central Bank) decision, which upheld its reference interest rates in the interval between 4.25% and 4.50%.
Company leaders continued their estimate on the number of interest cuts to be accepted throughout the year (two, half percent point).
On Wednesday, Fed President Jerome Powell said that “uncertainty” about the economy is “uncommon for the moment” and the new imports strategy on imports has already begun to press inflation.
“Since the negotiations about tariffs, at the moment, are more ornamental than reality, and what is happening to the economy and inflation is certainly difficult,” said Stoval.
“Market (…) about tariffs and impact – or its absence – expects more data than to clarify the situation on the US Economy,” said Patrick O’Her, analyst of a special site briefing.com.
