Shares Mixed: S&P 500 near record high - Washington and Beijing negotiate trade
Shares Mixed: S&P 500 near record high - Washington and Beijing negotiate trade
The US exchanges were mixed on Monday, with the S&P 500 approaching an all-time high, while the trade talks between the USA and China had started in London.
stock market development on Monday
The Dow fell by 75 points, while the wider S&P 500 remained stable and the technology -oriented Nasdaq Composite increased by 0.15%. The stock markets remained largely unchanged because investors attentively pursued the developments from the trade talks.
successful decline and market events
The S&P 500 reached the Highest Level since February and was less than 2.4% away from a new record high.
The Dow, the S&P 500 and the Nasdaq have returned from two consecutive weeks of growth. In the past two months, the US stock market has continuously recovered because President Donald Trump defused his initial plan for comprehensive tariffs. After the S&P 500 in early April on the
"The markets have moved upwards due to the shift in tariffs and the perception that they will be more moderate than originally announced," said Richard Saperstein, Chief Investment Officer at Treasury Partners. “We expect the markets to continue to react sensitively to headlines, since trade agreements will need time to negotiate and troubling messages will probably trigger noticeable volatility.” Wall Street experienced an upswing last week, which was supported by the optimistic mood to a possible relaxation of the trade conflicts between the United States and China. The meeting on Monday between representatives from Washington and Beijing took place after a phone call between Trump and the Chinese President Xi Jinping on Thursday. The rise of the S&P 500 in the direction of a record high follows on a Year. Wall Street was shaken by historical levels of uncertainty and volatility this year, while Trump fluctuated again and again in relation to tariffs. The S&P 500 lost in March and early April, after Trump presented his plan for massive tariffs, and reached its
The markets also received a thrust through relatively strong economic data mitigated. Investors will pay attention to new inflation data for May this week. The record status of the S&P 500 of 6,144.15 points was reached on February 19. The index fell to a low of 4,982.77 points on April 8, which was about 18.9% below this maximum.
The Wall Street banks have reduced their year-end forecasts for the S&P 500 this year and then raised them again, since the trade guidelines and unexpectedly strong economic data have had an impact on the market assessment. Goldman Sachs raised its year -end destination for the S&P 500 to 6,100 points in May after the bank had previously reduced it twice this year. UBS increased its destination to 6,000 points in May after she had previously reduced it. Other banks have also adapted to their assessments, for example Deutsche Bank increased their destination to 6,550 points last week. Analysts at JPMorgan Chase said on Thursday that the yield outlooks are affected by political decisions, especially in terms of tariffs. “We now see the influence of the tariffs on just about a third of what we had previously accepted.” Sam Stovall, Chief Investment Strategist at CFRA Research, stated in a message on Monday that the S&P 500 exceeds a new record high, which officially the Correction ended , into which the index entered March 13 when he had fallen by 10% of his February high. A correction is a term on Wall Street for a decrease of 10% of a record high. Analysts at JPMorgan Chase said in a message on Thursday: “Apart from major political surprises, the path of the slightest resistance to new highs runs.” This is a developing story and is updated. market analyzes and outlook
the course of the year and business forecasts
positive economic data and its influence
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