Your guide to what the US 2024 elections are for Washington and the world
The Blue-Chip S&P 500 closed 1.4 percent below, leaving the index on the correctional area, declining by more than 10 percent-stitched about 5-year market value-as it reached the record on February 19.
Investors were in gold At the same time, pushing the Prices for Metal Haven to a fresh high of $ 2985 per ounce.
Submission is coming when investors are increasingly concerned that the Trump’s aggressive trade program reaches the US economic growth, with the president threatening to impose 200 percent retaliation on Thursday rate to import alcohol with the EU.
The feelings of investors were additionally impressed after Russian President Vladimir Putin expressed concern about how the potential ceasefire with Ukraine would be implemented and controlled.
“Investors are removing the risk all over the world,” said Cabera, the head of the US strategy in Société Générale. “But this happens most aggressively in the US, where there is a major risk mood.”
US actions have grown a few weeks after winning Trump’s landslides when investors argued that corporate tax decline would lead to an economic boom. But these hopes were affected by the shrill tariffs in Washington, which began to weigh business and consumer moods and interpreted animal spirits.
Goldman Sachs earned the S&P 500 target from 6500 to 6200 earlier this week, reducing the US GDP to 1.7 percent with 2.4 percent of the first lower projection for two and a half years.
According to analysts, US growth problems have caused rotation from highly appreciated technological groups, including the so -called magnificent seven in the market defense pockets.
This year, gold grew by 14 percent when investors turn to ingots as inflation hedge. In recent weeks, several banks have updated their prices for gold, including Macquarie, said on Thursday morning that this year it is expected that gold will touch up to $ 3,500 per ounce.

“President Trump’s quick step has announced, if not always introduced, import tariffs contributed to geopolitical uncertainty and increased inflation expectations, helping to push real tariffs in front and maintain gold,” Macquarie’s analysts wrote in the note.
Fears of potential tariffs on Trump brought physical gold, which increases in New York-Inventory of the COMEX bullion are at the highest level of more than 40 million troin oz-hats this tributary began to slow down.
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2025-03-13 20:32:00