The actions were mixed on Tuesday in Asia after the reference points fell on Wall Street, breaking a nine -day winning streak.
Petroleum prices were recovered by a 4 -year future and futures of US actions fell.
A monthly survey that measures the future activity in the China services sector fell to its lowest level, excluding the pandemic, in a new sign that the escalation of the commercial war of the president of the United States, Donald Trump, is affecting the second largest economy in the world.
A drastic increase in rates on US imports of Chinese products, at 145%, has caused a strong fall in shipping and other logistics.
“The general optimism among Chinese companies weakened at the lowest level since this series began in April 2012, which resulted in more employment cuts in April,” said Caixin’s report, a group of financial media.
Even so, Chinese markets advanced after reopening from the “Golden Week” holidays. The Shanghai compound index added 1% to 3,311.89, while Hang Seng in Hong Kong increased 0.7% to 22,651.65.
Taiwan taiex fell less than 0.1%
In Australia, the SANDP/ASX 200 lost 0.2% to 8,148.40.
The Crude Ee reference oil. UU. Collected 93 cents to $ 58.08 per barrel, while raw Brent, the international standard, increased from $ 1 to $ 61.23 per barrel.
The OPEC+ Group Eight Petroleum Group Group announced during the weekend that it will increase its production by 411,000 barrels per day from June 1. The expected increase caused American crude oil prices to immerse up to 4% on Monday.
Many producers can no longer obtain profits once oil falls below $ 60. Prices have dropped sharply during the year about concerns about economic slowdown.
The sANDP 500 fell 0.6% to 5,650.38, finishing its longest winning streak since 2004.
The Dow Jones industrial average decreased 0.2% and the Nasdaq compound showed 0.7%.
Technology companies and other large actions were among the heaviest weights in the market. Apple fell 3.1%, while Amazon fell 1.9%and Tesla fell 2.4%.
Berkshire Hathaway fell 5.1% after the legendary investor Warren Buffett announced Would rediar like his CEO At the end of the year after six decades to the helm. Buffett will continue to be its president of the Board.
Markets have been absorbing the shock of tariffs and the growing commercial war. A three -month delay in many of the most severe tariffs that would be supposed to enter into force in April, excluding China, has provided some relief to Wall Street, but uncertainty on the impact of current and future tariffs remains.
Concerns about inflation revival have also deepened.
Such problems will eclipse the Federal Reserve Meeting On Wednesday, when you are expected to maintain your stable reference interest rate. The Fed reduced the rate three times in 2024 before taking a respite to observe what happens with inflation, which has been hovering just above the target rate of the Fed of 2%.
While still resilient, the American economy He has shown some tension signs of tariffs and the lack of clarity on how Trump’s policies will evolve. The US economy was reduced to 0.3% in the first quarter, the first drop in three years.
Ford Motor CO. He said Monday that he hopes to receive a coup of $ 1.5 billion for his operational gain of tariffs this year. Their actions fell 2.5% in the negotiation after the hours.
Tariffs have been imposed, just to be removed or delayed, sometimes daily. The approach of the counter again has left companies, homes and economists with losses when trying to forecast where the economy could be headed and planned accordingly.
The last save in Trump’s commercial war came Sunday night in a publication on his real social platform. He said he has authorized A 100% tariff on movies That they occur outside the United States, the impact is not clear, since it is common for films to include production in multiple locations worldwide.
Netflix fell 1.9% and Warner Bros. Discovery fell 2%.
Shoemakers published profits after the announcement that Skechers is being acquired for $ 9 billion and privately taken by the investment firm by 3G Capital. Skechers jumped 24.3%.
Also early Tuesday, 10 -year treasure yield increased to 4.37% of 4.35% on Monday night.
The dollar rose to 143.86 Japanese and 143.70 yen. The euro was $ 1,1322, compared to $ 1,1317.
