The actions increased Thursday after a wobbly departure, all the main indices ending firmly in the green. The Nasdaq has gains, up 2.74%, while the S&P 500 climbed 2.03%and the DOW added 1.23%.
Gold has increased by almost 2% as volatility has dropped sharply, VIX drops by more than 6%.
The markets caught a rear wind in the afternoon while the investor hopes that a drop in the Fed rate in June has increased. The president of the Federal Reserve Bank of Cleveland, Beth Hammack, said Thursday that decision -makers could go ahead with the relaxation if the economic data was “clear and convincing” by then.
The rally comes just before a key technological moment: Alphabet reports the income after the bell. Actions increased by more than 2% in trade Thursday, investors wishing signs of continuous force in the cloud and AI.
Tesla (TSLA) jumped 3.5%, Meta (Meta) won 2.5%and Merck added 1.4%. Procter & Gamble, however, slipped almost 4% following its report on profits, citing the slowdown in consumer demand.
The eyes are now turning to the alphabet results to see if Big Tech can continue the momentum.
American actions changed Thursday afternoon while investors digestoring the benefits of the main consumer and pharmaceutical names while trying to give meaning to mixed signals in the next phase of the trade war.
The industrial average of Dow Jones increased by 399 points, or 1%, while the S&P 500 added 1.7%and the Nasdaq, a heavy technological, increased by 2.2%. It was a quick rebound for the Dow, which had opened more than 200 points, driven below by steep loss of Procter & Gamble and Merck, who both fell after the income. The actions of Google Parent Alphabet increased by around 1.7% in afternoon trading. Google reports income after the bell.
The departure of the back and forth followed the denial of Beijing of any commercial negotiations in progress with the United States, undergoing a key narrative which had fueled the rally on Wednesday. With the booming profits season and unresolved macro tensions, the markets are faced with a familiar mixture of noise, rotation and real economic pressure.
Beijing said there had not been commercial talks – unlike the swinging clues and claims in the United States.
“There is currently no economic and commercial negotiations between China and the United States,” said Yadong, spokesperson for the Chinese Ministry of Commerce, in the comments reported by the New York Times. “Any complaint on progress in the economic and commercial negotiations of the United States is founding rumors without factual evidence.”
The days of skepticism on social networks now seem premonitory, as significant accounts on X have raised early doubts about selective leaks and carefully vague declarations aimed at supporting the markets. The denial of China has given these suspicions a new weight.
