The actions on stock contracts indicated earlier on Monday as the market seemed to end a bad quarter with more losses in a context of uncertainty about President Donald Trump’s pricing policy.
The term contracts on the S&P 500 fell 0.6%, Dow Jones Industrial Might Futures fell 0.5%and the term contracts on the Nasdaq 100 of technology dropped by 1.2%.
Before the last day of quarter negotiation, the S&P 500 fell 5.1% since the start of the year and has been on the right track to take a five -quarter victories sequence. This would be the worst quarterly collapse of the index since the third quarter of 2022, according to data from the Dow Jones market. The NASDAQ composite is down 10.3% over the same period, while the DOW dropped by 2.3%.
Investors are looking forward to April 2, or the Liberation Day, as Trump has appointed it, when reciprocal prices will be revealed on countries that have commercial imbalances with US global samples of 25% on cars and car parts will also take effect on April 3 and several major business partners, including Mexico and Canada, reprisals.
Trump played the plan for reciprocal prices last week and said it would be “very forgiving”, but the Wall Street Journal reported on Sunday that the officials were considering a wide 20%hike.
“The last day of March is in charge of spring with uncertainty in the financial markets. Malaysian regarding the effect of Trump’s prices has been amplified, causing net movements at the start of the week,” said Susannah Streeter, analyst of Hargreaves Lansdown.
Trump reminded investors how serious it was to implement its commercial policy, telling NBC news during the weekend that it “does not care” if foreign car manufacturers put cars as a result of prices. “I hope they increase their prices, because if they do, people will buy American manufacturing cars,” he said.
The world’s stock markets fall to start the week – Japan’s Nikkei 225 fell 4.1% on Monday, while Hang Seng of Hong Kong decreased by 1.1% and the Pan -European Stoxx 600 was more than 1.2% in less negotiation.
The economic impact of Trump’s policy will take the front of the place later in the week, in particular with regard to Friday’s job report for March and a speech by the president of the Federal Reserve Jerome Powell at the Society for Advanton Business publishing conference in Arlington, Virginia.
But for the moment, this is anticipation of the Liberation Day.
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