In the first movements of this last stock market session of the week, the Dow Jones fall 0.13%, in 44,654 points, while the S&P 500 rises 0.05% to 6,117 points and the Nasdaq OMX advances 0, 07% and mark 19957 points,
The great New York indices come from closing yesterday in positive, With the S&P 500 adding 1.04% and the technological Nasdaq, scoring 1.5%. The Dow Jones, despite the fact that it was somewhat more lagging, rose 0.77% to the closure, reaching its maximums of the session after Trump signed a presidential memorandum on reciprocal tariffs, but did not promulgate them for the moment.
For now, the indexes are on their way to ending the rise week. The S&P 500 and the Dow reach the session on Friday having scored 1.5% and 0.9%, respectively. The Nasdaq has risen 2.2% so far this week.
Investors seem relieved after yesterday Trump, finally, was limited to asking the candidate for Secretary of Commerce, Howard Lutnick, and his team that They will study the tariff options by country. An exhaustive report is expected to be prepared on April 1, being feasible that the new tariffs are implemented as soon as the next day.
«All this leaves a long time for negotiation, negotiation that we understand that it will occur,» says Juan J. Fernández-Figares, of Link Management. «The fact that Trump cited among the tariffs imposed on US companies, we believe that it is a direct threat to the European Union (EU), where many of their countries apply very high rates of this tax,» says the expert. In fact, today Brussels has responded that he will act «firmly» and «immediate» if they impose tariffs on European products.
A good part dThe fear of tariffs on Wall Street comes from the inflationist impact that this measure can haveA, at a time when the fall in inflation seems to have stopped, making less likely that the Federal Reserve will continue in 2025 with its path of cuts in interest rates. This week both the IPC and IPP readings have been above the expected, although the Fed Fed Inflation Indicator, the PCE, will not be known until the end of the month.
In today’s macroeconomic agenda, investors have not shown changes after a lower sales data than expected in the first month of the year. Specifically, Retail consumption in January descends in the US with the fall of sales of 0.9% in front of an estimated one tenth cut and the December growth figure that reached 0.4%. Without changes in the indicators after the news is known, although in the bonds, with an important cut of two years, in 3.7 points up to 4,275%.
In the business field, the quarterly results season begins to face its final stretch, and the balance sheet is positive. According to Bankinter analysts calculations, with 383 S&P 500 companies having published until yesterday their quarterly accounts, The average increase in benefit per share is 12.7%, compared to 7.5% expected before the publication of the first company. Batish results 76% of companies disappoint 17% and the remaining 7% are online. In the last quarter (3t 2024) the benefit per share increased by 9.1%, compared to 5.1% expected.
Among the protagonists of today is the modern biopharmaceutical giant, which falls 3.6% in the opening of the market. The company has broken income expectations, with a figure of 966 million compared to the expected 942.8 million. However, losses per share have been higher than expected: $ 2.91 per share, compared to the 2.68 dollars that analysts had predicted.
The pharmacist has reiterated its forecast of product sales for the entire 2025, in a range of between 1,500 and 2.5 billion dollars, most of which will be completed in the second half of the year.
Strong increases of 12% for Airbnb after the results published last night. The company behind the holiday rental platform won 73 cents per action on revenues of 2,480 million dollars in the fourth quarter. The analysts had predicted 58 cents per action of benefits and income of 2,420 million.
More moderate is the response to Coinbase accounts, although the cryptocurrency negotiation platform rises by 1% after beating market expectations. The company earned $ 4.68 per share, well above the estimates of $ 1.81 per share that analysts had managed. The revenues of 2,270 million also exceeded the expectations that were 1,880 million.
Apply Materials falls 5% in the first movements after the semiconductor manufacturer has forecast income for the second fiscal quarter of 7.1 billion dollars, while analysts had waited 7,210 million. The positive note is that Applied Materials exceeded estimates both in income and in the results in its last quarter.
Palo Alto Net’s shares fall 5.6% after the cybersecurity company has presented mixed results. The income amounted to 2,260 million dollars, above the 2,240 million dollars expected, but the earnings adjusted per share were 0.81 dollars, lower than the projected $ 0.84.
Roku with 14% increases is another of the protagonists, thanks to their results. The streaming company lost 24 cents per share, while analysts surveyed by LSE expected a loss of 40 cents per share. The company registered $ 1.2 billion in income, while Wall Street estimated only 1,150 million dollars.
And strong cut for the computer company. Their actions cut 33% after the cloud data management company issued a gloomy prognosis for the current quarter. Informatica provides that the revenues of the first quarter will range between 380 and 400 million dollars, below the 412 million dollars expected by the analysts surveyed by LSEG. Income forecasts for the entire year were also below expectations, since the company provides sales between 1,670 and 1,720 million dollars, lower than the estimate of consensus of 1,780 million dollars.
Outside the results season, Gamestop rises 7% after the CNBC has published that the retail video game chain is considering investing in Bitcoin and other cryptocurrencies. The company is determining whether this would be prudent as a commercial measure.
In raw material markets, oil prices rise, on the way to end three weeks of declines, driven by the increase in fuel demand and the expectations that US plans of reciprocal tariffs worldwide do not enter into force Until April, which would give more time to avoid a commercial war. American West Texas futures rise 0.27% and moderate the initial advances, up to $ 71.50 per barrel, while the reference Brent in Europe rises 0.45%, by $ 75.36.
Today the euro dollar rises 0.28% against the dollar to a change of $ 1,0492. The American bonus low as two years importantly after the fall in consumption data, 1.28%, and is changed to 4,467%.