U.S. stocks mixed as Trump calls for Fed to act
American actions opened mixed on Thursday, April 17, when the wider market continued to fluctuate on prices and other macroeconomic news.
Although investors like commercial negotiations, profits have had an impact on the industrial average of Dow Jones, which opened its doors and quickly lost 500 points while Unitedhealth’s shares plunged.
Meanwhile, the composite S&P 500 and Nasdaq opened slightly at + 0.3% and + 0.4%. This was aligned with the prospects of the term markets while TSMC shares jumped in the middle of the announcement of the flea contract with a 60% increase in net profit in the first quarter.
However, S&P 500 and Nasdaq looked under pressure, because the feeling remained down through risk assets.
Earlier, two key events or scenarios took place – likely to move the markets. First, president Donald Trump Fed chair exploded Jerome Powell As always “late and bad”.
This came after Powell’s remarks that the American prices have posed a delicate situation with regard to inflation or increased growth.
Trump pointed out via Social truth That the Fed should reduce interest rates, noting that the European Central Bank had reduced rates several times – and was about to do so. Indeed, the ECB then announced a drop in the interest rate of 25 basic points, bringing its key rate to 2.25%.
In his article, President Trump noted that “Powell’s dismissal cannot come quickly enough!”
The actions that sold this week, carried out by the manufacturer of chips Nvidia, the DOW and the S&P 500 envisaged a drop of more than 1% of the week. The Nasdaq, heavy with technology, has lost 2.5% in the last five days. A week of shortened negotiation sees investors with a positive eye, with price And monetary policy the major factors on the minds of most investors.
Bitcoin (BTC) and cryptocurrencies have largely remained reflection of the broader risk of risk, with flat BTC in the last 24 hours almost $ 84,500.
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