New York (EFE) .- Wall Street closed with falls of more than 2% after a new attack by President Donald Trump to the president of the Federal Reserve (Fed), Jerome Powell, while the uncertainty on the tariff negotiations of Washington follows.
At the touch of Campana, the Dow Jones of Industrials dropped 2.48% to 38,170 points, the S&P 500 yielded 2.36% to 5,158 units, and the Nasdaq technological technological one retreated 2.55% to 15,870 integers, in the middle of a volatility rebound.
Trump lashed out at Truth Social against Powell, whose dismissal requested last week, and urged him to lower interest rates to avoid the deceleration of the economy, not to mention his aggressive tariff policy, which has triggered a commercial war with China, and that is pressing upward prices.
The president called Powell – who has defended the independence of the Central Bank – “Mr. Tardón” (slow) and a “great loser”, and said that “many are claiming preventive cuts in interest rates” because they are lowering energy costs.
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After the long weekend for the Holy Friday holiday, the bags have once again operated with the agitation that has marked this month, in which Trump announced a global tariff policy that has been modifying waiting to obtain favorable trade agreements with each country. These modifications have meant constant ups and downs in the stock exchange.
The White House has given minimal details about tariff negotiations while China, which is imposed by a total tax rate of 245% on its imports, warned yesterday against international agreements that achieve “at the expense of their interests.”
“EU is currently negotiating tariff agreements with 15 major economies, including Japan, the European Union, South Korea and India. Other 75 countries have contacted the US expressing interest in commercial negotiations,” recalled analyst Ed Yardeni, from Yardeni Research, who believes Trump will announce agreements in June, when his tariff truce expires.
The sectors that fasted the most today were that of non-essential and technological goods, around 2.8%, dragged by large technological contributions such as Tesla (-5.7%), and also Nvidia (-4.5%) or Amazon (-3%).
Tesla, who is owned by Magnate Elon Musk, Trump’s right hand, will publish her quarterly results this afternoon.
In other markets, Texas oil dropped 2.47% to $ 63.08 a barrel, with operators attentive to conversations between Iran and the United States on nuclear matters, and also influenced a decrease in the energy sector, of 2.5%.
While there were sales of shares, the rise in the yields of the 10 -year Treasury Bonus, up to 4,407%, the revaluation of gold at $ 3.430, the ounce and fall of the dollar against the euro, which changed to $ 1,151.
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