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Lunam Points
American actions were mixed on Thursday while strong losses in Unitedhealth lowered the Dow below.
Investors have digested current trade tensions and signals from the federal reserve that interest rate reductions may not be imminent. The industrial average of Dow Jones fell by 1.2%, or around 500 points, largely due to a 23% dive in United Actions after the company has reduced its profile forecasts in the full year.
The S&P 500 increased by 0.2%, supported by gains in sectors selected, while the Nasdaq composite rich in technology decreased by approximately 0.13%. Nvidia fell a second day after the United States has expanded restrictions on flea sales in China.
Market attention has remained on the president of the Fed, Jerome Powell, who warned on Wednesday that higher prices could slow growth and increase higher inflation.
Powell said the Fed would expect more clarity on trade policy before taking rate decisions, attenuating expectations for immediate rate reductions.
President Trump responded by intensifying Powell’s criticisms, suggesting that “the termination of the president of the Fed cannot come quickly enough” and would have discussed his possible replacement.
Adding to the uncertainty of the market, reports indicate that Trump had spoken with the former Fed governor Kevin Warsh, as a potential successor by Powell.
Elsewhere, the manufacturer of TSMC chips beat expectations with a 60% increase in net profit in the first quarter, thanks to the demand for IA chips. Investors also awaited the benefits of Netflix, considered as a light point of rare technology in the midst of a wider weakness in the sector.
Yields on the treasure at 10 years increased to 4.325%, and the US dollar has checked slightly.
The equity and bond markets will be closed Friday for Good Friday.
Bitcoin (BTC) temporarily exchanged over $ 85,000, but settled in the range of $ 84,600 at the time of the editorial staff.