The actions rebounded between the slight gains and the losses Thursday morning while investors would digest economic data and awaited other developments on the World Commerce Front.
The industrial average of Dow Jones fell 0.2% recently, while the S&P 500 and the Nasdaq composite heavy in technology each dropped by 0.1%. The S&P 500 and the Nasdaq entered the day Three three -way stalls of threeAlthough the gains were modest in the middle of uncertainty about commercial policy, while the DOW fell slightly on Wednesday to close lower for the first time in five sessions.
The actions rebounded from their stockings at the beginning of April – the S&P 500 and the Nasdaq in May recorded their The greatest monthly gains Since November 2023, the concerns have been calmed about President Donald Trump’s pricing strategy, while business benefits and economic data remained strong in the face of continuous uncertainty about the place where commercial policy is headed. Market players are Looking for signs of progress on commercial transactions The White House said it negotiates, before deadlines so that the high prices were reposed.
Chinese state media reported this morning President Trump had spoken with his Chinese counterpartXi Jinping, although no detail was provided on the discussion and the White House did not confirm the meeting. During last week, the United States and China accused To violate the terms of an agreement concluded last month, under which the two countries agreed to reduce the massive rates that they had imposed while a wider agreement was negotiated.
In the economic calendar today, trade data has shown that the American trade deficit has narrowed more than economists expected that imports have plunged in response to prices, while weekly figures for unemployed complaints were slightly higher than expected. The major economic event of the week arrives on Friday morning when May job report is planned for the release.
The actions of the largest technological companies in the world, which were at the forefront of the recent gathering, were mixed on Thursday. Tesla (Tsla) fell 5%, adding to a sharp drop from yesterday, as CEO Elon Musk Continue to criticize THE Extended tax and expenditure invoice Currently before the congress. NVIDIA GLOODS (Nvda) and Broadcom (Avo), who is Due to the publication of its quarterly results After the closing bell Thursday, was slightly lower, just like Apple (Aapl). Microsoft (Msft), Amazon (Amzn), Alphabet (Goog) and meta platforms (Meta) Move higher.
Mongodb (MDB) The shares flipped 17% this morning after the database software company declared better than expected results and a pink perspective in the middle of the in full AI.
The yield on the 10 -year treasure ticket, which affects borrowing costs on all kinds of loans to consumers and businesses, was 4.36% this morning, against 4.37% at the end of yesterday and negotiations at its lowest levels in one month. The US dollar index, which measures dollar performance from a basket of foreign currency, fell 0.3% to 98.52.
Bitcoin was recently $ 104,300, against a previous summit of almost $ 106,000. Digital currency is down compared to its record summit of around $ 112,000 set two weeks ago.
Gold -term contracts increased by $ 3,405 per $ 3,405, negotiating near their highest levels since the beginning of May, while West Texas’ intermediate term contracts, the reference of American crude oil, increased by $ 1.2% to $ 63.60, bouncing a drop of more than 1% yesterday.
