Shares began to fall when Trump announced his administration’s plan to introduce roles against the world.
American promotions fell to auction in the afternoon, after US President Donald Trump announced the introduction of major roles. On Wednesday, April 2, CNN reported that there was a reference to exchange trading data.
The main index showed the following dynamics:
-
Dow Jones Industrial Average – a reduction of 256 points (0.61%).
-
S&P 500 – Falling 1.69%.
-
NASDAQ 100 – Reduction of 2.54%.
The exchange funds (ETF), which monitors the main market indices, also recorded the deduction:
-
ETF Dow Jones – Minus 1.1%.
-
ETF S&P 500 – Minus 2.2%.
-
ETF NASDAQ 100 – Minus 3%.
Consistent, a sharp increase of gold prices has been recorded in markets. The cost of the most actively exchanged contract with Futures in New York briefly exceeds 3200 dollars for a trooric ounce, setting a new historical record.
Since the beginning of 2024, the price of gold has increased by more than 20%, and the first quarter has been the best for this possession since 1986. Analysts explain such an increase in demand for precious metal through its traditional role as “shelter” in times of uncertainty and political.
Remember that such a negative reaction of financial markets was caused by the large tariffs that Trump announced during his performance in the Pink Garden of the White House. Prior to this statement, the main index showed positive dynamics.
Previously, Trump signed a mandate in the introduction of duties for 25% for cars collected outside the United States. New tariffs can significantly affect the prices of cars in the United States and complicated labor processes in North America.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.