The Dow Jones index rises 0.207% to mark 43,869 points. At the head of the advances Nike is placed, which rises 1.4%, for the 1.2% that Walt Disney progresses. The biggest decreases are for Nvidia, which falls 4.05%, Amazon is left 0.96%. Meanwhile, the S&P 500 yields 0.02%, in 5,953 points, and Nasdaq drops 0.17% to 18,807 points.
The large New York indices, although they closed the session last Friday with increases, come from a very complicated February: the Dow Jones dropped 1.6%, for the 1.4% that left the S&P 500. The Nasdaq technological technological was the most penalized, with a 4% drop in February, its worst month since April 20024.
After the initial euphoria for the victory of Donald Trump, the spirits have been cooling as the policies of the new White House tenant are taking shape. Especially the possible imposition of tariffs on the main US partners, although there is still a great uncertainty of how they will take shape, even if they should start tomorrow Tuesday.
Yesterday, the Secretary of Commerce, Howard Lutnick, said in Fox News what The exact tariff that will be applied to Mexico and Canada as of Tuesday is still «fluid», which means that it could be less than the proposed 25%. He did added that the additional tariff of 10% to China imports is «established.» Meanwhile, Treasury secretary, Scott Besent, said in CBS that Mexico has offered to match US tariffs to China, potentially as a way to get rid of tariffs that will be imposed against them on Tuesday.
Until Warren Buffettwhich rarely pronounced on these debates, has referred to tariffs, warning that more inflation could trigger and harm consumers. “The tariffs are, in reality -we have had a lot of experience with them – an act of war to some extent”, Said Olaha’s oracle. “Over time, they are a tax on goods. I mean, the fairy of the teeth does not pay them. ”
“It remains to be seen if the stock market can survive this change. In one way or another, tariffs will be a shock for the economy, ”says Chris Rupkey, FWDBonds chief economist.
In the macroeconomic agenda, today the data of the February PMI will be published, although the great reference of the week will arrive Friday with the publication of the February Employment Report. Investors will be very attentive to the creation of jobs and salary inflation after some data has caused some fear of the health of the US economy.
In the business field, the quarterly results season faces its final stretch with the retail distribution sector being the great protagonist of the week. In the next few days, the accounts of Target, Best Buy, Macy’s, Kroger, Costco Wholesale or Gap, among others, will be known.
Today Kroger, who will publish his accounts on Thursday, has announced that His CEO, Rodney McCullen, has resigned from office after an investigation of the Council has found that his personal behavior is inconsistent with the “business ethics policy” of the company. Ronald Sargent replaces him interim, while Kroger already seeks a substitute.
Until last week, 485 companies of the S&P 500 had published their accounts, with an average increase of the benefit of 14.1%, compared to the 7.5% expected before the publication of the first company. According to Bankinter analysts calculations, 74% of companies beat results, disappoint 19% and the remaining 7% are online. In the last quarter (3t 2024) the benefit per share increased 9.1%, above the expected 5.1%.
Today the attention is also directed to the cryptocurrency market, after President Trump has announced that the US will create a strategic reserve of Crypts, including of course Bitcoin. The popular cryptocurrency, which last week fell below $ 80,000, is paid at $ 92,997, with a rise of 8.9% in the last 24 hours according to Coinmarket.
Microstrategy actions, always closely linked to the crypto world, shoot more than 14% in the opening, while Coinbase records 9.25% and Robinhood rises 9.3%.
In the defense sector, RTX shares rise more than 1% and Lockheed Martin is practically flat after the US has approved an armament agreement of 3,000 million dollars with Israel.
In the recommendations of the analysts, Tesla rises 2.4% in the New York morning after Morgan Stanley Analyst Adam Jonas has chosen it as its new ‘top pick’ in the automobile sector. «Tesla’s car deliveries to date have been mostly below expectations, but the narrative has not changed particularly,» says the expert, who believes that they are symptoms «of a company in the transition of a automotive ‘pure game’ to a highly diversified game in AI and robotics.» Jonas gives him A council of ‘raising’ and a bullish potential of 46%.
Southwest Airlines’ actions fall 2.48% after Jpmorgan The council of ‘neutral’ a ‘has reduced himinfrontorar‘. The analyst Jamie Baker is convinced that «the best margins and returns on invested capital are already a thing of the past.»
In raw material markets, oil prices remain slightly upward in this first session of the week, with the looks on negotiations to end the Ukraine War. American West Texas futures rise a slight 0.53% to $ 70.13 per barrel. International reference Brent advance 0.55% to $ 73.21.
The euro rises 0.78% against the dollar until leaving the exchange rate at $ 1,0482 for each single currency.
In fixed income, the profitability of the bonds rise, with the ten -year bonus offering a yield of 4,254%, while the two -year bonus paying 4,030%.