Top line
The US stock market was sold on Monday because Wall Street is planning to launch President Donald Trump’s tariffs on products in Canada, China, and Mexico on Tuesday, but many of the losses are Michigan’s automobile sector. I was concentrated on Silicon Valley.
The shares fell on Monday on Monday according to Trump’s imminent tariffs.
AFP via Getty Images
Important facts
The benchmark S & P 500 fell 1.5 % by the morning, so a wide range of indexes fell on Monday morning, 1.1 % (470 points) for Blue Chip Dowo Jones Industrial Arries, and 1.9 % of NASDAQ focused on high -tech fell 1.9 %.
Of the 500 components of S & P were negative on Monday, but companies that were involved in tariffs slides have many alcoholic beverages, car manufacturers, heavy Chinese exposure, and cryptocurrency -centered companies. Most fell to four buckets of national technology companies.
Contellation Brands (-2 %), which manages the distribution of US Beer Corona and Modelo, has been tank at the lowest level since October 2020.
American car companies, which are significantly dependent on Canada and Mexico imports, are Ford (-2 %), General Motors (-3 %), Jeep’s parent Stellalanthis (-3 %), and General Motors (General Motors (). The number of car stocks containing -3 %) has been reduced, and Elon Musk led Tesla (-5 %).
Silicon Valley Giants Apple (-3 %) and NVIDIA (-4 %) are two of the most expensive American multinational companies in China, with Broadcom (-1 %) and advanced microdies. Including semiconductor chip players (-1 %), the industry that depends on the world supply chain in the world suffered from the digesting trade dispute.
Crypto prices, including leverage dokjira microstrate (-2 %), Coinbase (-4 %), Robinhood (-3 %), and Bitcoin Miner Marathon Digital (exchange -4 %) Many shares suffered. )
Large number
About 5 %. The GOLDMAN SACHS strategist led by David Kostin will hit the S & P fair value. Goldman has a total of 2 % to 3 % to 2 % in total from customs duties to re -evaluate the historic expensive expensive price -to -money ratio that the market is currently enjoyed by US stocks due to the uncertainty of policy. It is estimated that it is inferior to the impact of.
Bitcoin leads the encryption loss from Trump tariffs
Digital asset prices have recently decreased by 7 % from Friday to about $ 96,000, followed by Ether and Ripple’s XRP of Ethereum Network, which are precious Crypto Tokyo, has decreased by more than 18 % since Friday. According to coingecko, Crypto has wiped out nearly $ 500 billion in Crypto’s market value since Friday. Cryptocation is negative for bitcoin because investors have mostly more risky assets and dollars, so it is a negative for bitcoin, so if the dollar is virtually weak as a world preparatory currency. There is.
tangent
If the loss of tariffs continues, it will be a brutal start for two consecutive US stocks a week. S & P and NASDAQ fell 3.1 % last Monday, 1.5 %, respectively. NVIDIA also led these losses, reduced 17 % and lost $ 590 billion. NVIDIA, an American AI leader, has fallen to the lowest day -to -day stock since early September this week. S & P rose 0.5 % and NASDAQ rose 1.5 % from Tuesday to Friday, and last week, shares recovered a portion of DeepSeek’s loss.
What to look at
How the Wall Street responds as the trade dispute progresses. “The stock market was leaning on the step -by -step/measured approach to China and the tariffs of Mexico/Canada. “
Important quote
“The fundamental concerns raised by the latest announcements may be that the tariff policy applied to the achievement of non -economic purposes will expand the US policy to a much less business -friendly stance. That is, on Monday, Trump signals a wider Wall Street Agita rather than the possibility of pursuing unpopular actions among investors who focus on growth and revenue.
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