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US stock futures decreased sharply on Sunday after the Trump administration indicated that the comprehensive definitions will remain in place despite concerns that could stimulate the global economic recession.
The contracts that follow the Blue S& P 500 chip fell by 3.8 percent and those for technology that fell NASDAQ 100 4.6 percent. The trading activity is usually light in the Asian morning, which can exacerbate the volatility.
The decline comes after more than $ 5 has been erased From the S&P 500 on Thursday and Friday at the end of its weekend since the beginning of the epidemic in 2020. Donald Trump has been deported to raise the global trade order by implementing huge fees on American imports about concerns about the path of the global economy. China has declared revenge duties Friday of 34 percent.
The goods also suffered heavy losses in early trading on Sunday night, as the standards of West Texas, the American standard, decreased by 3.4 percent to $ 59.90 a barrel – less than the price that most rock producers need to break even. The international brand Brent fell 3.1 percent to $ 63.53.
The copper, which is widely seen as a global economy agent due to its industrial uses, has decreased by more than 5 percent to $ 4.14 of pounds in the United States.
During the weekend, the Treasury Minister of Trump Scott bet The “short term” market reacted to the aggressive definitions of the president, and NBC told the White House “would carry the path.”
“Our commercial partners have benefited from us,” said Pesin on Sunday. When asked if Trump’s tariff was negotiable, he said: “We will have to see what the (other) countries offer and whether it is reasonable.”
His comments followed a warning from the Federal Reserve Chairman, Jay Powell, that the definitions will work on “higher inflation and slow growth.”
JPMorgan economists said on Friday that they expect the world’s largest economy to shrink 0.3 percent this year “under the weight of definitions.” They have already expected 1.3 percent growth.
Some investors worry that stocks will continue to slip until Trump indicates that his tariff will be less aggressive.
Activist investor Bill Akman, who supported Trump’s voice loudly during the election campaign, posted on X that “huge and impartial definitions” had risked “by destroying confidence in our country as a commercial partner, as a place to carry out business and a capital investment market.”
Trump urged to call “time” on Monday.
“Instead, we are heading to an economic nuclear winter resulting from itself, and we must start overcoming,” he wrote.
“The uncertainty is the big word at the present time and we are not even in the event of uncertainty in the peak policy yet,” said December Mullarkey, SLC Management Managing Director.
The banks and technological stocks were among the most difficult of that strike last week, as the dollar drowned against other major currencies, and the treasury revenues, which are inversely transmitted to prices, fell with investors rushing to the assets of the safe haven. European and Asian stock markets also decreased sharply, while goods, including copper and oil, have decreased on fears of a global trade war.
On Friday was the fifth largest session for “active net discounts” by investors since 2010, according to Morgan Stanley, with long -standing stock boxes responsible for 80 percent of net sale.
The decrease of S&P 500, which is more than 10 percent during Thursday and Friday is the fourth time over the past 85 years – after crashing in 1987, in 2008 during the financial crisis and early 2020 – the index has decreased so far, very quickly, according to Deutsche Bank.
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