AlexandrKudin @AlexandrKudin: "THE U.S.MARKET 🇺🇸 Yesterday, major..."

Czech Republic

THE U.S.MARKET 🇺🇸 Yesterday, major indices closed in the red: the S&P 500 dropped 1.22%, the Dow Jones fell 1.55%, and the Nasdaq declined 0.35%. Investors sold off stocks, seeking to reduce risk after the U.S. announced higher import tariffs on Canada, Mexico, and China. However, mid-session buying emerged following statements from the U.S. administration. - Commerce Secretary Howard Latnick suggested that President Trump might soon propose tariff reductions for Mexico and Canada. Despite Trump's earlier threats to increase tariffs, some Wall Street strategists believe he may shift his stance to prevent further market declines, as he has historically used the stock market as a measure of success. - In response, Canadian Prime Minister Justin Trudeau swiftly announced a 25% tariff on $ 20.7 billion worth of U.S. goods, with an additional $ 86.2 billion in tariffs set to take effect in 21 days. Meanwhile, Mexican President Claudia Sheinbaum stated that she would unveil retaliatory tariffs on American imports this Sunday. 🤔 I'm unsure how long the tariffs will remain in place, but I see them as a tactical move in negotiations rather than the start of a prolonged trade war. That said, in these situations, investors tend to sell first and ask questions later. - All sectors of the S&P 500 ended the day lower. Cyclical sectors—finance, industrials, and consumer discretionary—were the hardest hit. Investors also took profits in defensive sectors, reallocating funds to technology. Real estate declined due to a significant rise in Treasury yields. The technology sector fell just 0.08%, while the semiconductor index rose 0.64%, as investors bought the dip in the most affected areas. - During his speech to Congress, President Trump reiterated his commitment to a balanced budget, tax cuts, and lowering the cost of living. He also confirmed plans to introduce additional tariffs on certain countries starting April 2. He mentioned progress in negotiations regarding Ukraine, but no other major announcements were made. 📈 Today, investors will focus on the release of ADP employment data. Additionally, custom chip supplier Marvell ( MRVL) is set to report its earnings. KEY ECONOMIC DATA RELEASES TODAY : • ADP Nonfarm Employment Change (February) • Services PMI (February) • U.S. Crude Oil Inventories HAVE A SUCCESSFUL DAY $SPX500 $NSDQ100 $DJ30 $UK100 $GER40

5 Mentioned

SPX500

NSDQ100

DJ30

UK100

GER40

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