- Despite the high dangers ahead – as well as the tariffs that come with weak use of consumers – stores remain normal, And S&P 500 hitting a higher record of 6,173.07 with increasing fate. Investors seem to expect the expansion of the tariff deadline or the reduction of federal storage level to support the stock.
The S&P 500 has set a new record on Friday and the fate of S&P are 0.37% this morning. That is fun because there are obvious economic dangers on the horizon, which investors seem to ignore – at least for now.
The most unpredictable difference is the coming date of tariffs. President Trump gave various American business partners until July 9 to reach a plan with the White House, but the president acknowledged the weekend that his administration had not been able to reach an agreement with many countries. Instead, many of them will receive a letter setting at least 25%, he said.
The impact of the tariffs is already starting to drag on the economy, according to Samuel Tombs and Oliver Allen of Pantheon Macroeconomics: “0.3% fall into actual consumer use in May and major decrease in the early months means having the latest year's speed, at a minimum of 3%, at an average of 3%. A recent research letter.
Many investors seem to expect that, in the event of a bad news, either Trump will save them by extending the deadline or that the Merika Federal Park will reduce interest rates later in the year. Both tests will be good for stock.
“As we enter the second half of the year, incredible tranquility has come in,” Convera's Kevin Ford told customers this morning. “Great fears have begun to fade, and despite all the noise, equity markets are in connection with full -time standards (the new Ath of the S&P500). That said, the horizon still seems to be poor, and many questions remain unanswered: What is on tariffs.
Fed can also provide a reduction in the interest rate that Trump has claimed.
? Fabio Bassi and his team wrote in a letter that appears and luck.
Here's a picture of the steps before the opening alarm in New York:
- S&P 500 futures Rose 0.37% this morning, premarket.
- S&P 500 It closed 0.52% on Friday, hitting a new top record (6,173).
- P and Europe Marketing was flat in early business.
- Nikkei of Japan 225 It was about 0.84%.
- Main China The index were up this morning, as it was South KoreaBut Hong Kong and India They were down.