Futures linked to the Dow Jones index advance 0.15% to 41,427 points, while those of the S&P 500 rise 0.31%, in 5,681 points. Nasdaq 100 futures rise 0.43% to mark 20,150 points.
Wall Street comes from a bullish session Thursday, although the large indexes ended far from their intra -finicing maximums. Yesterday the Dow rose 0.62%, for the 0.58% that the S&P 500 and 1.07% that the Nasdaq rose.
So far this week, the S&P 500 is heading to a 0.4% drop until the closing of Thursday, while Nasdaq is emerging to fall 0.3%. He Dow Jones records a modest 0.1% gainso he is at the edge of being able to write down his third consecutive week with a positive balance.
With hardly any economic references to take to the mouth, today investors are still pending advances in negotiations after the commercial war initiated by the US on April 2 with their ‘reciprocal’ tariffs. Yesterday President Donald Trump announced a Preliminary commercial agreement with the United Kingdom, the first agreement between the US and a global business partner from the ‘Day of Liberation’. While there are still details to close, Trump said that a 10 % base tariff will be maintained for the United Kingdom.
Trump also pointed out that the 10% rate represents the lower limit of what other countries can expect, and pointed out that «some will have much higher rates due to their huge commercial surpluses.»
«While trade with United Kingdom It is insignificant compared to commerce with our neighbors of the north and southern, and especially compared to China, it is a important test case and a model of what could be achieved«Said Chris Zaccarelli, Investment Director of Northlight Asset Management.» If the administration manages to follow up this with additional agreements, it would contribute significantly to the recovery of a stock market that has been beaten and bruised this year, «he added.
All looks are put in Chinataking into account that the US gravels with 145% purchases from the Asian giant, for the 125% tariff that China charges to US purchases. In that sense, the Treasury Secretary, Scott Besent, and the US commercial representative Jamieson Greer, plan to meet with their Chinese counterparts in Switzerland during the weekend.
Trump has kept this 145% tariff on China unchanged, despite having issued a 90 -day break in the application of higher rates for most countries last month. However, today the agency Bloomberg publishes that The Trump administration has set the goal of reducing the rate below 60% during conversations in Geneva. This drastic cut would be a first step, with the hope of an equivalent tariff reduction by China.
Meanwhile, US negotiations with the European Union do not seem to advance. The EU revealed on Thursday a list of American products to which tariffs will apply in the event that commercial negotiations fail.
Protagonist values of Wall Street
In the business section the season of results of the first quarter already faces its final stretch. Until yesterday, 440 companies of the S&P 500 had submitted their accounts, with an average increase in the benefit of 13.0%, compared to the 6.7% expected before the publication of the first company. According to data from Bankinter analysts, 77% of companies hit results, disappoint 19% and the remaining 4% are in line with the expected. In the last quarter (4t 2024) the benefit per share increased 14.3% compared to the 7.5% expected initially.
Among the last in publishing their reports, AFFIRM collapses 6.7% in the pre -opening, a fall that has to do with the income forecast that the company manages for its fourth fiscal quarter. The guide ranges between 815 and 845 million dollars, with an average point of 830 million dollars. This figure is below the consensus estimate of 841 million dollars that analysts had managed.
Opposite sign for Pinterest, which shoots more than 12.5%. The images to share images has issued an income forecast for the second quarter better than expected by analysts. The first quarter revenues also exceeded the estimates of the analysts, placing themselves at 855 million dollars, compared to consensus estimates of 847 million dollars.
Coinbase falls 1.16% after some First quarter revenues lower than expected. The cryptocurrency exchange platform reported revenues of $ 2,030 million, while analysts had predicted $ 2,120 million.
In raw material markets, oil prices expand profits after having risen about 3% in the previous session, since commercial tension between the main oil consumers, the USA and China, shows relaxation signals. West Texas futures advance 2.09% to $ 61.16 per barrel, while Brent reference oil in Europe rises 1.86% to $ 64.01.
The euro rises 0.18% against the dollar until leaving the exchange rate at $ 1,1248 for each single currency.