- The shares see surprisingly floating. The S&P 500 had a particularly good 5-day belt that rose by 6.4%by Friday. US futures contracts for S&P were flat this morning before the opening clock. Early trading in Europe and Japan was certain as investors raised dramatic decline in US import trade, which showed reports.
The global stock markets saw this morning before the New York Stock Exchange was opened, despite the fact that the messages that meant that the US to send and transport to the US was dramatically decreased. Among them, Apollo Global Management said Slidek, claiming that importing imports in the US is sufficient to start a recession in the summer.
Here we stand this morning before the opening clock in New York:
- S&P 500 0.74% was closed on Friday but remains 6% YTD.
- Futures S&P -based contracts, the price of which is a marginal decline this morning, has a previous bell.
- Tesla The share grew by 9.8% in the day and increased by 2.2% this morning.
- Three main Chinese indexes – CSI 300, SSE and Hang– this morning down.
- Japanese Nikkei 225 had risen by 0.38%.
- The momentum continued in Europe where Stoxx Europe 600 had risen by 0.7%in early trading.
- Separately bond prize– Investors are calling for an extra for the US government debt to be kept at the highest level from 2014, reflecting on how nervous investors are currently.
Markets appear to reflect relatively positive quarter profit news – but none of these profits not reflect the period after President Trump announced his liberation day on April 2.
The impact of a tariff announcement on ocean ships has already been dramatic, According to Torsten Sløk, the chief economist of ApolloTo. “Daily data on container traffic from China to the United States collapses … The result is empty shelves in US stores within a few weeks and there was no cozy consumers and companies that use Chinese products as intermediate goods,” he wrote.
Sløk noted that too Number of Americans who only make minimums The credit card debt has reached a record, which even exceeds the pandemic period.
The Port of Los Angeles assumes that the arrivals are one -third in May. Container reservations are 45% low, According to the Vizion tracking serviceTo. Ryan Peterson, CEO of Flexport, Supply Chain Logistics Company, said recently on X“Within 3 weeks of the entry into force of the tariffs, the ocean containers from China to the United States are over 60%.”
Import may decrease by 20%in the second half of the year, The national je -union predictsTo. CEO of Walmart, Target and Home Depot warned President Trump last week that there was no shortage and price increase.
This story was originally reflected on Fortune.com
