Wall Street finishes another red session again, at a time when investors fear the future of the world’s largest economy. This Wednesday, US President Donald Trump fulfilled the promise and announced that Cars imported by the country will be 25 %.
The cloud became more black when the Republican said that it would punish the European Union and Canada if the two forces join the United States. Fears of the effects of these commercial policies that have been overwhelmed by economic data. Which showed that the gross domestic product was reviewed in the height.
For Etoro, the data will not work as a great source of confidence for investors, as the market axis is “firmly implanted” in the current economic scene and not a few months ago. “Investors will want to see inflation in the queue or even better, in addition to a strong number of creating job opportunities to obtain some perspective on the economic scenario,” Bloom Cinniphs told Bloomberg.
S&P 500 fell 0.33 % to 5,693.31 points. The Nasdaq compound decreased by 0.53 % to 17,804.03 points and Dow Jones lost 0.37 % to 42,299.7 points.
Among the main movements on the market, Gamestop drowned more than 22 %, after it has announced that it will make debts to buy bitcoin. “MegacAps” prevented the upper fall bags, with Tesla and Apple to lead the gains, which wandered 1 %.
Advanced advanced devices fell by more than 3 % with a low review of some analysts about the targeted price of the quoted shares.
Car manufacturers continued to lose, in line with European companies: Ford gave 4 % and GM lost more than 7 %.
Investors are waiting for inflation data. On Friday, the PCE will be issued, the price index, which will make the market more clear about how the American economy is correct and what are the following steps for the Federal Reserve regarding interest discounts, and above all, future perspectives.
