Traders work on the New York Stock Exchange on April 10, 2025 in New York City.
Spencer Platt | Pictures of getty
Remember that when inflation readings were the headlines of the day and were as expected by investors as the reports of Nvidia Engings? CNBC Daily Open recalls. If the report of the Consumer Price Index on Thursday, showing prices actually sinking in the month and the basic inflation dropped to the lowest since 2021, it had been released before the fare chaos unleashed by the President of the United States, Donald Trump, the shares would probably have fired.
Instead, the United States States dropped on Thursday, as the rally rally rapidly lost the steam. The investors’ feeling was further weighed by the confirmation of the White House, which was imposing 145% of rate on China’s imports, 20% higher than what was thought before. It basically closes all trade between the two countries, according to Erica York, Vice President of the Federal Fiscal Policy of the Federal Federal Federal Foundation Foundation Center.
To be fair, the report of the March Consumer Price Index does not take into account the changes in prices arising from the fare policies. If companies have to pay more than double the goods in China, it is difficult to imagine -even one with pockets as deep as Apple, absorbing the greater cost. The April inflation report, then, could have such an impact as any fare news.
What you need to know today
Inflation the lowest nucleus of the years
U.S. consumption pricing rate dropped 0.1% tightly adjusted in March, putting the Inflation rate of 12 months to 2.4%, Lowering 2.8% in February. Basic inflation, which excludes energy and energy, increased by 0.1% during the month and 2.8% a year. This was the lowest annual inflation rate since March 2021. Wall Street had been looking for a titular inflation of 2.6% and 3% nucleus, according to Dow Jones consensus.
Short -term relief rally
North -American stocks fell on Thursdaygiving up gains from the historical rally of the previous day, with losses that accelerated after the White House confirmed to CNBC on Thursday that the The rate rate in China would actually total 145%. It S&P 500 went down 3.46%, the Industrial average of Dow Jones decreased by 2.5% and the Nasdaq composite It fell 4.31%. He requested his reaction to the current market sale, United States President Donald Trump said: « I haven’t seen it« While Trump’s maximum commercial advisor, Peter Navarro, told CNN that » receding « is » no big deal. «
The European Union also pauses for rates
The European Union will do Pause the adoption their Reproach rates With a strip of North goods -Americans for 90 days, said the President of the European Commission, Ursula von der Leyen, a day after the White House issued a rescue in most of its own taxes. « We want to give the negotiations a chance, » von der Leyen said on Thursday. « If negotiations are not satisfactory, our measures contribute. » The pan -European Stoxx 600 Index increased by 3.7% Thursday, marking -n Best session in three years. The German Dax index obtained gains, which added 4.67%.
Recession is okay, depression is not
Trump privately said he was aware that his wide and strong plan for the rates presented last week could be tilted the economy in a recession but Did not want a depressionaccording to The Wall Street Journalquoting people who know the conversations. Economists consider depression that occurs when a recession becomes more severe and has a higher unemployment and a longer fall.
(Pro) Effects of China’s rates on the apple
Trump may have stopped the rates for most commercial partners in the United States, but went to China to an impressive 145%. Applethat is based on China for a Dear 80% of their production capacityHe has seen his stock decrease this week. Analysts are divided on what Apple’s strategy might look like In the future.
And finally …
United States President Donald Trump, along with Secretary of State Marco Rubio (L) and Secretary of Defense Pete Hegseth (R), speaks during a cabinet meeting in the White House cabinet room on April 10, 2025 in Washington, DC.
Brendan Smialowski | AFP | Pictures of getty
Trump dodged a bond market disaster but damage is not over yet
U.S. President’s impressive pivot Donald Trump followed a massive tumult in the global $ 140 trillion bonds and, in particular, in the portion of $ 47 trillion with fixed United States.
As speculation increased that the only increase in treasure performance was about to create a domino effect on financial markets, the President capitulated. This led to the main stock market averages launching a historical manifestation and the returns of the good ones.
But with the actions that fall again on Thursday, the questions about the stability of the market are kept, because the course below is true, taking into account the chaotic events of last week more or less.
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