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Wall Street mixed, Tesla drops as Musk reignites Trump feud; ASX set to rise

In general, the US stock exchange provided a striking improvement of about 20 percent of spring sales. But the difficulties still lay ahead for Wall Street, one of the largest threat of Trump’s tariffs.

Most of Trump’s hard taxes on imports are currently stalked, but are planned to enter into force within about a week. Depending on how big they are, they can harm the economy and worsen inflation.

The Congress also discusses the suggested deductions in tax rates and other measures that can further raise the US government’s debt and pushing inflation upwards. This may mean higher interest rates that will damage prices for bonds, stocks and other investments.

In spite of these difficulties, the strategists in Barclays say that they see the euphoria signals that arise among some investors. Strategists say that a measure that tries to show how much of “over-optimism ında in the market is not far from the summits seen during the“ breast stock ”madness that sends Gamestop to the market bending heights or at the beginning of the millennium.

Other signals also show enthusiasm in the market, for example, as a request known as “empty control companies çocuks that hunt private companies. When there is too much optimism in the market, it can inflate stock prices to very high levels in what is called “bubble”.

According to Barclays strategists led by Stefano Pascale and Anshul Gupta, of course, “predicting market bubbles can last badly and longer than correcting”.

In the bond market, Treasury returns rose after some mixed reports about the US economy.

Musk and Trump’s relationship continues to be sour.Credit: AP

One, US employers at the end of May, the previous month and economists than expected to open more business opening, he said. This can be an encouraging signal for a labor market that seems to have settled in a low -rent, low -fire state.

Separate reports about US production were more complicated. One of the Institute of Supply Management is that US production activities shrink again in June, but not until the previous month.

“Customers do not want to make a commitment after the uncertainty of the big tariff,” he said.

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A separate report from S&P Global suggested that production production returns to growth in June after a three -month decline.

The return in the 10 -year Treasury rose from 4.24 percent to 4.25 percent on Monday after erasing a modest damage earlier than morning.

Federal Reserve’s main interest rate with what to do more closely about the two -year treasury return, 3.72 percent from 3.72 percent to 3.78 percent. Better data about the economy can give the Fed more reasons for pause with interest rates after stopping its decrease in proportions at the beginning of this year.

FED President Jerome Powell said on Tuesday that Trump’s tariffs want to expect more evidence about how much the economy and inflation will affect before falling into interest rates. This has recently been moving faster to provide a lower increase in the economy of Powell and Fed, despite Trump’s angry insistence.

Indexes were mixed in Europe and Asia in exchanges abroad.

Japan’s Nikkei 225 fell by 1.2 percent and KOSPİ from South Korea increased by 0.6 percent for two of the larger movements.

AP

Market Summary Bulletin is a winding of the trade of the day. Take each onetoKday afternoon.

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