Wall Street opened on Monday in red while investors show their concerns about the plans of the president of the United States, Donald Trump, which on April 2 will announce new tariffs on different countries.
Ten minutes after the bell touch, the technological Nasdaq lost 2.26%, to 16,932 units, while the S&P 500 fell 1.29%, up to 5,509 integers, and the Dow Jones of Industrials fell 0.68%, up to 41,302 points.
The European stock markets already opened today with declines for the same reason, and at 2:15 p.m. (12.15 GMT), Milan descended 1.94%; Paris, 1.81%; Frankfurt and Madrid, 1.75 % and London, 1.39 %.
Presenting it as the culmination of its commercial policy of “United States first” The US President has already announced 25% levies to all imported cars to the United States and additional tariffs to Mexico and Canada.
April 2 is the date chosen by Trump for the entry into force of the so -called “reciprocal tariffs” to those countries that, according to Washington, maintain commercial barriers against US products and services, a measure that could especially affect the European Union (EU).
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Technological ones are the most affected after opening of Wall Street
Last week, Trump tried to reduce international concerns suggesting that they would not be as extreme as he was feared and promised on Sunday that it would be “much more generous” than their previous threats to equate the US tariffs with which other nations charge.
However, he also said that he would attack “practically everyone” US business partners with some kind tariffs, according to the Wall Street Journal.
On the corporate level, Tesla, Elon Musk, retreated more than 5% in the stuffs after the opening, after the Stifel Investment Bank reduced its objective price for the shares. In addition, the company said that a slower launch than expected of the new Model and and recent protests could affect short -term sales.
For its part, Nvidia also recorded 5.05%losses. Coreweave (CRWV), the “startup” backed by Nvidia that went over last week, fell more than 7%.
Among the 30 largest dow, Verizon (1.56%) and Coca-Cola (1.5%) advanced, and lost Nvidia land, Amazon (-3.88%) and Salesforce (-3.08%).
With regard to the sectors, today the increases of essential goods (0.79%) and public services (0.69%) with falls for non-essential goods (-2.82%), technology (-2.43%) and communications (-2.02%), mainly.
With EFE information
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