Wall Street starts a new upward stock day. The New York Stock Exchange opened this Wednesday in Green, and its main index, the Dow Jones of Industrials, gained around 100 points, which represents an advance of 0.29 %. The opening of American markets has occurred hours after China announced retaliation tariffs on US products in the last climbing of the commercial war.
Ten minutes after the bell touch, the S&P 500 recorded 0.57 %profits, to 5,010 points; While the technological one, the Nasdaq rose 1.27%, until it is 15,461 integers.
In this sense, the recession forecasts intensify and there are already several management graduates of companies that are quoted on Wall Street and who foresee an economic situation of this type in the United States. Among the 30 quoted of Dow Jones, the increases of Walmart (3,88 %), Apple (3,54 %) y Nvidia (3.33 %) while the largest declines were Merck (-2,56 %), Johnson & Johnson (-2,53 %) y Amgen (-2,13 %)
By sectors, the greatest losses were for real estate (-1.61 %) and energy (-1.36 %), while the highest profits were technological (2.15 %) and that of non-essential goods (1.32 %). In the raw material market, Texas oil fell 4.57 %, up to $ 56.86 a barrel, a price that has not registered for more than five years.
China announced on Wednesday that will raise 34 % to 84 % Tariffs on goods from the US in response to the additional tax of 50 % announced yesterday by Donald Trump that raised 104 % the total rates to Chinese goods.
The Ministry of Finance of the Asian country has indicated in a statement that the new tax will enter into force on April 10 and that Take the measure in response to the American “repeated error” to increase their tariffs to China.
For its part, the European Union has given the green light to the countermeasures proposed by the European Commission (EC) to respond to the 25 % tariffs that the US imposed on steel and aluminum.
This Wednesday the 20 % increase in tariffs on the products of the European Union (EU) imported to the US, which affects about 20 % of all foreign trade in the world’s largest consumerist economy and can have a strong impact on automotive, machinery and pharmaceutical products.
The so -called “reciprocal tariffs” that entered into force today replace the 10 %global tariff that entered into force on April 5, something that affects other large commercial partners of the United States such as China (34 %), Japan (24 %) or South Korea (25 %).
Trump encourages investment: “It’s a good time to buy”
President Donald Trump has tried to encourage investors with a brief message on his social truth network that says: “It’s a great time to buy.”
The message posted it after four consecutive days of losses in the Wall Street bag and those of the world, with investors frightened by the commercial war unleashed by the tariffs imposed by Donald Trump and the retaliation measures that begin to arrive from China or Canada
-News in expansion-
