Wall Street closed in green this Friday with a remarkable rebound of its main indexes after Thursday’s falls sink Nasdaq and S&P 500 to correction territory (when a 10% decline is produced from the last record).
At the touch of bell today, the Dow Jones de Industriales rose 1.66%, to 41,488 points, the selective S&P 500 advanced 2.13% to 5,638 points and Technological Nasdaq did the same 2.61% to 17,754 units.
In the case of Dow Jones, it rose more than 650 points today in a rebound of relief, but still registers the worst week since 2023 and is already two consecutive weeks of losses, amid large uncertainties of the market on the consequences of the aggressive tariff policy of the Trump administration.
It is also the fourth week in negative consecutively for the S&P 500 and the Nasdaq. In addition, Dow has fallen more than 3% this week, while the S&P and Nasdaq have fallen more than 2%.
A decrease of 1.4% on Thursday dragged the S&P 500 to 10.1% from its record of last month, which officially led the so -called correction territory.
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Loss of 5.2 billion in just three weeks
The market value of the S&P 500 in its maximum of February 19 was 52.06 billion dollars, according to Factset. Thus, Thursday’s fall reduced the value of the index to 46.78 billion dollars. That translates into a total loss of approximately 5.28 billion dollars in approximately three weeks.
These descents were motivated by the intermittent tariff political of President Donald Trump, engaged in several commercial fronts with different partners throughout the globe: from China, passing through the European Union, to O Canada and Mexico.
However, the shares rose this Friday, recovering part of the strong losses of the week, thanks to a respite for investors after holders related to tariffs, without forgetting the effect of attraction caused by the shares cheaper after a collapse.
The great technological ones charged impulse in a day that did not leave new white houses over tariffs, which calmed down a waters, also favored by the statement of the Senate’s Democratic minority leader, Chuck Schumer, yesterday that he would not block the republican resolution to avoid the closure of the US government.
This thrust was reflected in the quotes of giants such as NVIDIA (up to 5%), Tesla (3.87%), goal (2.97%), Netflix (3.13%), Apple (1.8%) or Amazon (2.1%).
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Investors are already preparing for the monetary policy meeting of the Federal Reserve scheduled for next week, where it is estimated that there is a 97% probability that interest rates are stable, according to the CME Fedwatch tool.
By sectors, the ones who climbed the most were the technological (3%), the energy (2.8%) and the financial (2.4%) in a session with everyone in green.
With regard to the 30 largest dow, in addition to those already mentioned, American Express (3.5%), JP Morgan (3.2%) and Goldman Sachs (3.17%) advanced mainly.
With EFE information
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