The shares rose in Wall Street on Friday, when she wore a decrease in leaving the market in a correction after weeks of sale. The gains were not enough to overcome sharp losses from the early week, and the S&P 500 remained in negative lands for this week.
The index increased by about 2.1 percent on Friday, when the risk of closing the government seemed to reduce, and the heavy NASDAQ boat jumped by approximately 2.6 percent. The shares also gathered in Europe and Asia, as did the cryptocurrencies, oil prices and other recently declined investments.
During the week, the S&P 500 was still about 2.3 percent, which is the fourth weekly decrease in a row, after suffering from its most severe decrease in the year on Monday and fell on Tuesday and Thursday as well. By noon on Thursday, the index fell by 10.1 percent from its peak on February 19, and in Wall Street what investors call correction. This is a decrease of more than 10 percent, and a symbolic sign for the mood of the dark investors.
The biggest concern on Wall Street is currently the impact of definitions and a commercial war that can pay the prices of manufacturers and consumers sharply, consumer morale and economy damage.
John Cannavan, the main American analyst at Oxford Economic, said in a memorandum on Friday.
These concerns are also clear in other markets – including the gold market. The gold, which investors often searched as a safe haven during disturbance times, went on a record on Friday, after breaking it over $ 3000 for each ounce of telling for the first time.
The main question remains “where the fair value of the stock market facing the opposite winds from the customs tariffs, financial spending discounts and softening economic data is located.”
Friday’s recovery came in stocks despite new data from the University of Michigan, which showed that consumers were less confident in economic expectations and more anxious about inflation. Investors will have more data points that must be observed soon, the most prominent of which is the latest economic expectations from the Federal Reserve, which is to meet and discuss the interest rate policy next week.
Investors do not expect the Federal Reserve to start lowering prices this month, but any indication that the central bank is more willing to do this – to enhance the economy – later this year can enhance the falling market.
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