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American stocks fell on Friday, when doubled by the profits of weak companies recently recovered and left the S&P 500 in their track for the fifth consecutive week of declines.
S&P fell 0.7 percent in early trading, with all 11 sectors in negative lands, while the nasdaq technology compound lost 0.9 percent.
FEDEX shares fell 10.4 percent after the company reduced its profit expectations, and blamed “weakness and uncertainty in the American industrial economy.”
Nike decreased by 7.4 percent after being warned against expecting a decrease in sales, noting the customs tariff and consumer confidence.
This step means that Wall Street’s standards have abandoned her small gains from an early week, and are heading to the longest series of weekly losses in nearly three years.
The shares have been threatened in recent weeks due to concerns about the economic repercussions of President Donald Trump’s aggressive policies, as well as a sale in the previously high technology sector, which attracts S&P to a correction area.
Recovery early in the week after the Federal Reserve kept interest rates hanging, but indicated openness to the discounts later this year.
“The markets are increasingly focused on intimidating the growth of Trump’s policies,” said Manish Kabra, head of the American stock strategy at Société Générale. “Both definitions and (government competence discounts) increases uncertainty,” he added.
Bank of America, led by Claudio Eriguene, said, while Dij Sites will burden the government and consumers as a result of the escalation of increasing demobilization operations, that the US President’s tariff ads were “more aggressive and disturbed than expected.”
BOFA reduced this week the US GDP for the first half of the year to 1.5 percent of 2.4 percent, and raised its goal of “basic” inflation, which comes out of food and volatile energy, to 3 percent for the second half of 2025.
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