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US actions had a greater Monday on Monday when strong profits eclipsed continuous uncertainty about tariffs and white house pressure on the Federal Reserve.
The S&P 500 closed 0.14%, and the Nasdaq increased 0.38%, the disposal profits after touching new intradic maximums of all time. The Dow Jones industrial average reversed lower, sliding 19 points, or 0.04%.
The 10 -year treasure yield fell 4.7 basic points to 4,384%. The US dollar fell 0.55% compared to the euro and sank 0.97% against Yen. That is after the parliamentary elections of the house in Japan were not so disastrous for the coalition of Prime Minister Shigeru ishiba as feared, although his future remains in doubt.
Gold jumped 1.52% at $ 3,409.50 per ounce. US oil prices fell 0.52% to $ 66.99 per barrel, and Brent Crude lost 0.42% to $ 68.99.
Verizon helped the market after overcoming quarterly gains forecasts and increasing their profit perspective for the year. The actions of the telecommunications giant increased by 4%.
That follows the optimistic results last week of great banks such as JPMorgan, who said that US consumers are still resistant despite winds against tariffs.
After the first week of this profit season, 73% of the companies have exceeded the estimates of earnings per share, above the average of the first week of 68%, according to Bank of America.
Other companies that report this week include Tesla, Alphabet, Intel, Coca-Cola, Lockheed Martin, General Motors, RTX, Northrop Grumman, IBM, AT&T, Honeywell and Union Pacific.
Meanwhile, Trump’s commercial war and his war against Fed are still hanging on the market.
On Monday, Treasury Secretary Scott Besent He told CNBC That commercial conversations advance, and added that obtaining a good treatment is more important than the moment of an agreement. That could suggest that the deadline of August 1, when the highest tariff rates are due to the kick, can be more flexible.
In it The same interviewThe pressure on the president of the Fed, Jerome Powell, also increased, who has resisted Trump calls to lower rates. Besent said that “the entire institution of the Federal Reserve” must be examined.
That is after the White House accused Powell of mismanagement about the renewal of the Fed headquarters, while going back the suggestions that should be fired.
