Stock market today: Global shares slip as worries grow about Trump's tariffs – Yahoo Finance
New York (AP) -Wall Street swung between sharp losses and more modest losses on Monday when the stock market around the world sank. Concern president Donald Trump tariff It may be ignited Punishment of trade war。
The S & P 500 fell 0.9 % in the afternoon after the Asian and European index recorded worse drops. Dow Jones's industrial average was 155 points (0.4 %) as of 1:11 pm in the eastern time, and Nasdaq Composite was 1.4 % lower.
The US stock market fell by 665 points immediately after the start of the transaction, and how much worried about Dow was down 665 points, making it much worse for a much worse loss itself. pain US companies will feel for tariffs. Some of the heaviest losses attacked other companies that could be most damaged by higher people interest rate It may be from the ultimate US tariff Imports from Canada, Mexico and China。
Many of Wall Street wanted to discuss Trump's tariff through the presidential election campaign was exactly the story, and the opening point for negotiations with US trading partners. Trader thought on Monday morning Trump continuedWe will increase fears of potentially escalating trade wars that can damage the economy around the world, including the United States.
As a result, traders immediately expected the federal preparation system to reduce interest rates provided this year. The decline in interest rates can encourage US employers to hire more workers, and at the same time expand their investment prices, but negative aspects can give more fuel by inflation. is.
“I may feel the latest and most felt the trade war because I live in the Midwest,” said Bry Angn Jacobsen, Chief Economist for Annex Wels Management. “Our refiner cannot be easily switched from Canada crude oil.”
The crude oil price shook rapidly on Monday. Benchmark's US barrel price surpassed $ 74.50 in the morning, and then returned to $ 72.58 after Mexico announced a suspension of tariffs.
Trump himself warned Americans You may feel “pain” He said that he was “worth the price” to make the United States great again. He also said on Sunday night that imported taxes would probably occur in the European Union and probably the UK.
Some of the Wall Streets remain skeptical about how long Trump is paying attention to the stock market. According to Solita Marcelli, the highest investment in Ubs Global Wealth Management.
Contellation Brands, a company that sells Modero beer and Corona beer in the United States, has decreased by 2.5 %. Best Buy, which sells electronic devices made around the world, has lost 3 %. Brown formers, which sell Jack Daniel and other alcohol in Canada, have decreased by 2.5 %.
Instead of stocks and ciphers, investors have moved to long -term US government bonds, which are considered as part of the safe investment as possible. The rally of the resulting price promoted the Ministry of Finance's surrender.
The Yield of the Ministry of Finance has decreased from 4.55 % to 4.52 % on Friday.
This is at least temporarily due to the increase in yields of the Ministry of Finance, which temporarily shaked Wall Street in recent months. The yield was just a concern about such tariffs. From Trump, and from the result of higher interest rates that they could accompany them.
The Junior Treasury yields rose to Monday due to the declining expectations for the Fedb of the Fed. The Yield of the Ministry of Finance has risen from 4.21 % to 4.24 %.
Higher yields put pressure on all kinds of investment, especially the most expensive stocks.
It focuses on a company like a company nvidia Other winners of the artificial intelligence boom. NVIDIA fell 3.4 % and was one of the heavy weight of S & P 500.
Such an AI superstar has already come I was under pressure last weekAfter A Chinese emerging companies He said he has developed a large language model that can perform as well as a large -scale US rival, but does not need to use the most expensive top flight chips.
Trump's tariffs appeared on a central stage in a week when other events usually take a spotlight, including a report on Friday, which shows the number of workers hired last month. This week, many interest reports are planned from alphabets, Amazon, and other very influential companies.
Overseas stock markets decreased 1 % in London, 1.2 % in Paris, and 1.4 % in Frankfurt. In Asia, Korean KOSPI sinks 2.5 %, and Japan's Nikkei 225 fell 2.7 %.
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AP business writer Matt OTT and Yuri Kageyama have contributed.
