Wall Street closed on Tuesday in red, in a session marked by the results of the big banks and by the relief of investors after the decision of President Donald Trump to leave out of the so -called “reciprocal tariffs” to some electronic devices and components.
To the touch of bell in New York center, the Dow Jones of Industrials, its main indicator, fell 0.38% to 40,368 points; The selective S&P 500 retreated 0.17% to 5,396 units, and the Nasdaq technology lost 0.05% to 16,823 integers.
At the corporate level, today the rises of Bank of America (3.6%), Wells Fargo (2.28%) and Citigroup (1.76%) highlighted after disclosing their performance in the first quarter of the year, putting the final touch to the quarterly results of the Great Eu Bank.
Bank of America obtained in these three months a net profit of 7.4 billion dollars, 10.4% more than in the same period of the previous year, which represents $ 0.90 per share, after increasing its income by 6% to 27.4 billion dollars.
Meanwhile, the Citigroup financial group registered a benefit of 4,064 million dollars in the first quarter of 2025, 21% more than in the same period of the previous year, after its income increased by 3%, to 21.6 billion dollars.
Lee: Weight depreciates in the midst of tariff uncertainty
On the other hand, although Trump’s tariff policy still has the markets in suspense, investors are relieved after the president excluded from reciprocal tariffs to some electronic devices and components such as ‘smartphones’, chips or semiconders.
The analyst Tom Essaye, author of the Sevens Report report, believes that the market is beginning to see tariffs as “a kind of white noise” that will go to the background, something that “should help calm volatility.”
By sectors, today they highlighted technological increases (0.34%) and real estate (0.23%) and losses of non-essential goods (-0.8%) and health (-0.69%).
Among the 30 quoted of Dow Jones, they led the Nvidia (1.35%) and American Express (0.97%), while the greatest losses were for Boeing (-2.36%) and Caterpillar (-1.57%).
Lee: Trump is sued by tariffs before the US International Trade Court
In other markets, the 10 -year Treasury Bonus yield dropped to 4.33 % and Texas Intermediate Petroleum (WTI) retreated 0.3 %, up to 61.33 dollars, after worsening the International Energy Agency (IEE) its demand forecasts for this year following the commercial war initiated by the United States
With EFE information
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