American actions drop as the markets close
American actions plunged Tuesday after another day of volatile negotiations.
THE S&P 500 fell 1.6% after annihilating an early gain of 4.1%, which had on the right track for its best day for years. This brought the index almost 19% below its record set in February.
THE Industrial average Dow Jones fell by 683 points, or 1.8%, after abandoning a previous increase of 1,460 points.
THE Nasdaq Composite was down 3.2%.
Key events
Closing summary
Wall Street underwent another net loss session while investors’ hopes for American delays or concessions on prices before a midnight deadline turned to despair.
The White House press secretary, Karoline Leavitt, has poured water in the hope that Donald Trump could delay its prices which take place on Wednesday.
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THE S&P 500 dropped by 79.48 points, or 1.6%, to 4,982.77, after having increased 4% earlier during the day.
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THE Industrial average Dow Jones dropped by 320.01 points, or 0.8%, to 37,645.59.
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THE Nasdaq Composite dropped by 335.35 points, or 2.1%, to 15,267.91.
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THE Russell 2000 The small business index dropped by 49.43 points, or 2.7%, to 1,760.71.
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THE CBOE volatility index, Considered Wall Street’s “Fear Gauge”, was the last up 5.35 points to 52.33, the highest fence since April 1, 2020.
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Tesla And Apple Each fell by around 6%.
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Oil price dropped more than $ 1 a barrel on Tuesday, trading at four years.
Energy products have abandoned early gains to finish lower Tuesday.
American crude has dropped 1.8% to $ 59.58 per barrel. Natural gas dropped by 5.2%.
The actions of most oil and gas companies have closed with losses.
Western oil lost 6.8%, Conocophillips fell 3.5% and Exxon Slipped 2.2%.
Trump says the prices earn $ 2 billion a day for us
Donald Trump spoke when he signed decrees of the White House.
Trump said the United States earned $ 2 billion a day from prices. He has provided no details.
“The prices are on and the money flock to a level that we have never seen,” he said.
“America will be very rich again very soon,” he said.
American actions drop as the markets close
American actions plunged Tuesday after another day of volatile negotiations.
THE S&P 500 fell 1.6% after annihilating an early gain of 4.1%, which had on the right track for its best day for years. This brought the index almost 19% below its record set in February.
THE Industrial average Dow Jones fell by 683 points, or 1.8%, after abandoning a previous increase of 1,460 points.
THE Nasdaq Composite was down 3.2%.
The price of bitcoin fell at around $ 76,600 because it abandoned an anterior gain, similar to the actions.
Wall Street collapses as hopes decrease for price delays
The US stock market is undergoing a second consecutive day of breathtaking swings with Wall StreetThe main indexes that go between red and green, while the hopes of investors have reflected for American delays or concessions on prices before a midnight deadline.
THE S&P 500 lost an early gain of 4.1%, which had on the right track for its best day for years, and fell 1.7% with about an hour of negotiation.
THE Industrial average Dow Jones lost 403 points, or 1%, after abandoning its anterior overvoltage of 1,460 points, while the Nasdaq The composite was less than 2.4%, at 3:13 p.m. East time.
Actions in the world had gathered much earlier in the day, with indices up 6% in Tokyo, 2.5% in Paris and 1.6% in Shanghai.
But even after these jumps, analysts warned to expect more swings from top to bottom for the financial markets not only in the coming days but also the hours.
British Health Minister Stephen Kinnock said the world’s economic winds were “very turbulent” in the middle of the taxation of Donald Trump prices.
“It’s very turbulent. No one benefits from a trade war,” he told Sky News on Tuesday.
We live in an incredibly deeply integrated global economy with very integrated supply chains and extremely interdependent trade relations, so no one benefits from a trade war.
Rowena Mason
Keir Starmer and Rachel Reeves are actively planning to nationalize British Steel in an escalation of plans revealed for the first time in the Guardian last year.
The Prime Minister said that all the options were on the table to secure the future of the SCUTHORPE factory, which belongs to the Chinese company Jingye and employs around 3,500 people.
The possibility of nationalization was revealed for the first time in December, but the discussions took a new urgency with the American prices and talks about a set of financial support to move on to a less polluting technology that failed.
The government has now been forced to consider more drastic options, ranging from nationalization to purchasing materials to maintain the high stoves.
If the factory is stopped, it could be even less economical to reopen, with only around 48 hours to buy raw materials to make it burn. The installation makes the steel for almost all the British railways.
Whitehall’s sources said that Starmer and Reeves were aligned to consider steel as a “enormous strategic importance” and that “all the options are on the table, including nationalization”. The Chancellor spoke to the union leaders involved in talks during the weekend and clearly supported the steel industry.
Oil prices dropped more than $ 1 a barrel on Tuesday, trading at four years, while the recession feared the exacerbted by the trade conflict between the United States and China Compensate for a stock market rebound.
The term contracts on Brent fell by $ 1.47, or 2.29%, to $ 62.74 per barrel at 1:13 p.m. HAE (1713 GMT).
Us West Texas Intermediate Intermediate Crude Futures dropped by $ 1.26, or 2.08%, at $ 59.44.
The two benchmarks had dropped by 14% and 15%, respectively, Monday after the pricing announcement of Donald Trump last week.
Thailand plans to send a high -ranking delegation to Washington to negotiate their American counterparts on new pricing policies.
The delegation will be led by Thai Deputy Prime Minister and Minister of Finance, Pichai Chunhavajira.
Thailand is faced at a rate of 36% under new American rules. Bangkok plans would have included the revision of its import rights and the modification of barriers without exchange.
The United Kingdom should not “jump with both feet” to retaliate against Donald Trump’s sales prices, Keir Starmer said.
“My instinct is that we should not jump with both feet to retaliate,” Starmer told members of the parliamentary committee on Tuesday.
Obviously, we must keep our options on the table and carry out the preparatory work for reprisals if necessary. But I think that trying to negotiate an arrangement that reduces prices is better.
Prices are not a “temporary passage phase” but part of an “world-changing order”, he added.