- S&P 500 Monday closed 0.64% and S&P Futures In New York, they decreased by 0.69%. The monthly survey of China’s service sector has entered the lowest level except the COVID pandemic, judging Sse Composite Rose 1.1%. It seems that investors are nervously waiting for the Fed Wednesday – and Trump’s reactions.
The markets in Asia and Europe have increased largely this morning, while Futures S&P decreased by approximately 0.7%, establishing a wide US -day index after a nine -day victorious series when investors are nervously waiting for the Fed’s interest rate and President Donald Trump’s reaction.
Wall Street is almost sure that the Fed will support interest rates in the range of 4.25-4.50%, but analysts expect Trump to raise his attacks on the Fed Jerome Powell’s chair for reducing rates.
“Attacks on Powell will grow strongly,” – Jeremy Zigel, Professor on Finance at the Wartton School at the University of Pennsylvania, – Note During the CNBC interview Monday. “I think Trump is going to strengthen the escalation.”
Any such escalation can scare the shaky investors, said Gregory Daka Chief Economist.
“We warn that even the perception of political influence on the monetary policy can destroy the markets,” he wrote in the note. “Sustainable loss of confidence in the Fed Autonomy risks getting rid of inflation expectations, lifting long -term yields, increasing debt maintenance costs and demand for assets in dollars.”
Daka wrote Daco.
Despite the worries of the Fed, investors can comfort the stability of the world economy – so far. “Data send a simple message that global growth remains solid,” writing Bruce Casman and his team in Jpmorgan chase. “Despite the noisy rack in the US, global GDP has grown at 2.4%AR in 1q25. Available in April readings show a sustainable impulse when we turn into the current quarter.”
Here’s a picture of today’s action:
- S&P 500 Yesterday yesterday by 0.64% after nine consecutive profits.
- Proclamation of President Trump about 100% tax by the production of American films in foreign countries sent Netflix Down by 2%, Vov Down by 1.6%, and Dysne decreased by 0.4%.
- S&P Futures The more gloom is indicated today: contracts were reduced by 0.8% at Premarket.
- A Vick The fear index today increased by 9%.
- But Asian markets Rose this morning: Chinese SSE Composite increased by 1.1% (and increased by 1.64%). Japan Nikkei 225 grew by 1%.
- The Stoxx Europe 600 At the beginning of the bidding decreased by 0.7%.
Originally this story was presented on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/05/GettyImages-2210010381-e1746527200931.jpg?resize=1200,600
2025-05-06 12:02:00
Ian Mount
