Wall Street closed on Tuesday in red, in a session marked by the results of the great Banks And for the relief of investors after the decision of the president of the United States, Donald Trump, to leave out of the calls “duty reciprocal “to some electronic devices and components.
To the touch of bell in the New York parquet, the Dow Jones of industrialists, its main indicator, fell 0.38 %, to 40,368 points; The selective S&P 500 fell 0.17 %, up to 5,396 units, and the technological Nasdaq lost 0.05 %, up to 16,823 integers.
At the corporate level, today the increases of Bank of America (3.6 %), Wells Fargo (2.28 %) and Citigroup (1.76 %) After disseminating their performance in the first quarter of the year, putting the final finishing touch to the quarterly batch of the great US Banking.
Bank of America It obtained in these three months a net profit of 7.4 billion dollars, 10.4 % more than in the same period of the previous year, which represents $ 0.90 per share, after increasing its income by 6 % to 27.4 billion dollars.
Meanwhile, the Financial Group Citigroup registered a benefit of 4,064 million dollars in the first quarter of 2025, 21 % more than in the same period of the previous year, after its income increased by 3 %, to 21.6 billion dollars.
Relief samples
On the other hand, although Trump’s tariff policy still has the markets in suspense, investors are relieved after the president excluded what he calls “duty reciprocal “to some electronic devices and components such as ‘smartphones’, chips or semiconductors.
Analyst Tom Essaye, author of the Sevens Report report, believes that the market is starting to see the duty As “a kind of white noise” that will happen to the background, something that “should help calm volatility.”
By sectors, today the increases of the technological (0.34 %) and the real estate (0.23 %) and losses of non-essential goods (-0.8 %) and health (-0.69 %).
Among the 30 quoted of the Dow Jonesthey headed the profits Nvidia (1.35 %) and American Express (0.97 %), while the greatest losses were for Boeing (-2.36 %) and Caterpillar (-1.57 %).
Result of other relevant markets
the performance of Treasury bonus 10 years went to 4.33 % and the oil Texas Intermediate (WTI) retreated 0.3 %, up to 61,33 dollars, after worsening the International Energy Agency (IE) its demand forecasts for this year following the commercial war initiated by the United States.