Tokyo – Asian actions negotiated on Thursday mixed, while the worries crawled after a Wall Street rally that came after President Donald Trump It seemed to go back Your criticism of the Federal Reserve and His hard talk in his commercial war.
Japan reference Nikkei 225 added 0.6% in the afternoon negotiation to 35,075.72. AustraliaANDP/ASX 200 increased 0.8% to 7,983.00. Kospi from South Korea lost 0.3% to 2,517.83. HANG SENG of Hong Kong decreased 1.2% to 21,805.29, while Shanghai compound fell 0.1% to 21,805.29.
Calling Trump’s policy ads “main turbulence”, so Jing Yi de Asia AND The Department of the Treasury of Oceania in Mizuho Bank warned that global economies could be injured in the long term, adding: “Feelings balance the hope of an intense relief to inflict economic sadness.”
In Wall Street, the SANDP 500 rose 1.7% and added to its Great profit on Tuesday that compensated more than one defeat Mondays. The Dow Jones industrial average increased 419 points, or 1.1%, and the Nasdaq compound won 2.5%.
Much of the recent market volatility is due to uncertainty about what Trump will do with its economic policies. In addition to a relief, Trump said Tuesday night that “he has no intention” to shoot The head of the Federal Reserve.
Trump’s hard talk had scared investors because it is supposed to act independently, without pressure from politicians, so that they can make decisions that can be painful in the short term but that are better in the long term.
While a cut at Fed’s interest rates could boost the economy, it could also exert upward pressure on inflation. Trump also said that American tariffs on imports from China could “substantially” decrease the current 145%.
“It won’t be so high, it won’t be so high,” he said.
Investors expect Trump to decrease their tariffs after negotiating trade agreements with other countries. Trump said this week that it would be “very pleasant” with the second largest economy in the world and would not play hardball with the Chinese president. Xi Jinping.
“There is an opportunity for a big problem here,” Secretary of the United States Treasury Scott Besent said Wednesday.
All uncertainty means that one of the few predictions that many throughout Wall Street are willing to make is that strong changes for financial markets will continue for a while. The market “is more likely that Trump’s last whims with respect to rates and commerce, said Tim Water, KCM Trade Market Analyst.
The sANDP 500 remains 12.5% below its record established earlier this year after briefly falling approximately 20% below the brand. His changes have arrived not only day by day, but also from time to time, since Trump and the officials of his administration continue to surprise the markets.
Trump’s latest comments had a relaxing effect on the bond market, where treasure yields decreased. The 10 -year treasure yield fell to 4.38% of 4.41% on Tuesday night. It fell as low as 4.26% earlier in the morning.
Big Tech helped lead the highest indices. Nvidia increased 3.9% to recover more acute losses it took last week, when he said that US restrictions on exports of their H20 chips to China could damage their results from the first quarter at $ 5.5 billion. The action of the chips company was the strongest force that lifted the SANDP 500.
Tesla accelerates 5.4% higher after CEO Elon Musk said he will spend less time in Washington And more time directing his electric vehicle company after Tesla on Tuesday night reported a great drop in profits. Has been fighting for reaction Against Musk’s efforts to bring cost reduction efforts by the United States government.
All said, the SANDP 500 Rose 88.10 points at 5,375.86. The Dow Jones industrial average added 419.59 to 39,606.57, and the Nasdaq compound won 407.63 to 16,708.05.
In the energy trade, the US reference crude. UU. Rose 3 cents at $ 62.30 per barrel. Brent Crude, the international standard, added 4 cents to $ 66.16 per barrel.
In the currency trade, the US dollar fell to 142.82 Japanese and 143.15 yen. The euro cost $ 1,1335, above $ 1,1322.
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The business writer AP Stan Choe contributed.
