Introduction to Wall Street movements
Today on Wall Street presents mixed movements, highlighting the volatility of the financial markets. After reaching a record in the previous close, the Dow Jones fell, while the S&P 500 continues its rise, marking a new intraday high. This scenario highlights the uncertainties that currently characterize the global economic landscape
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Donald Trump’s tariff proposals
At the center of attention are the recent statements of the president-elect, Donald Trump, who threatened to introduce new 25% tariffs on products imported from Mexico and Canada, as well as an increase of 10% for those from China. Such measures could have significant repercussions not only on the US economy, but also on the global economy, affecting trade relations and currency exchange rates
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Impact on North American currencies
Trump’s statements have already had a negative impact on North American currencies. The Canadian dollar has fallen to a four-year low, while the Mexican peso is under pressure. These developments highlight how trade policies can rapidly influence currency markets, creating uncertainty among investors and consumers
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Trend of the main market indices
At the opening, the Dow Jones fell by 156.35 points, corresponding to a decline of 0.35%. In contrast, the S&P 500 registered an increase of 14.62 points, equal to an increase of 0.24%. The Nasdaq also showed signs of growth, gaining 66.82 points and marking an increase of 0.35%. These data indicate some resilience on the part of some sectors, despite economic uncertainties
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Commodity price and other market news
On the commodity front, the price of WTI oil at Nymex rose by 0.73%, reaching 69.44 dollars per barrel. This increase could be attributed to factors such as global demand and geopolitical tensions. In addition, recent news regarding the company WIIT, which bought 5,000 treasury shares worth 99,600 euros, highlights the interest of investors in the stock market, despite the fact that the stock fell by 0.60% in Piazza Affari, closing at 19.74
euros.
Conclusion
In summary, the day on Wall Street is characterized by contrasting movements, influenced by Trump’s new tariff proposals and market reactions. Investors must remain vigilant and ready to adapt to an ever-changing economic landscape
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