- On Friday morning, the stocks submitted PCE inflation data in the line.
- The Trump-Zellinski peace meeting is heading after the Vice President calls the Ukrainian President “disrespect.”
- Investigative studies show that investors are unusually landing at the end of February.
- Dow Jones is trading less than 100 -day moving average.
The last day of February was unusually volatile, as traders sought to digest multiple newspapers with the progress of the session.
The main securities market indicators initially advanced on Friday after the Federal Reserve’s Federal Infederation Report came with expectations for January. Previously, there were fears that the PIP Displaying Report (PCE) would show an increase in inflation as did the December report.
However, the shares of the United States (the United States) were traded after a failed back meeting in the Oval Office between US President Donald Trump and Ukrainian President Voludmir Zelinsky. The head of the state was trying to negotiate a potential end of the war between Ukraine and Russia, but now a further deal appears. The shajor Indits shares witnessed the lowest new weekly levels in the middle of the session before late afternoon.
Zelinski Trump and Vice President JD Vance challenged to provide security guarantees, which he said was necessary since he had already signed the ceasefire in 2019, who separated Russian President Vladimir Putin from his invasion of 2022 to Ukraine. In response, Zelenskyy called “disrespect” to negotiate with the correspondents. The meeting became more intense and strange than there, and the Trump administration canceled a afternoon press conference.
In addition, a separate agreement to grant the United States access to the rights of Ukrainian minerals in exchange for military aid. The unsuccessful peace negotiations follow the United States ’vote against the United Nations Resolution (United Nations) earlier this week to condemn the invasion of Russia, as well as the leader of the Christian Democratic Union in Germany, who led in the parliamentary elections this week, saying that he will move towards independence from the United States.
Inflation data improves in January, but customs tariffs and layoffs.
The PCE report for the month of January, which was released before the opening on Friday, showed the basic inflation that rises by 2.6 % on an annual basis, which was in line with consensus and much better than the December report, which was reviewed to 2.9 %.
Inflation was a great concern at the beginning of this year as the Trump administration doubled on customs duties. Trump repeated that the customs tariff would enter into force on March 4. These definitions include 25 % on the largest commercial partners in the United States, Canada and Mexico, as well as an additional 10 % on Chinese imports, pushing the latter’s rate to 20 %.
Analysts have noticed increased trading flows as companies fill stocks before scheduled tariffs.
The customs duties add to the panic from the American labor market as the Trump Consultant Illon Musk – known for its leadership Tesla (Tesla)Spacex and X.com, among other companies, uses its newly discovered governmental authority to lay off tens of thousands of federal workers, something that can have a harmful effect on the broader private sector.
Initial unemployment claims this week raised up to 242 thousand, which is much higher than 221 km expected by economists.
What’s more, activists called a public boycott on Friday, and they asked consumers by stopping all purchases as protests against billionaires and large companies that raise prices.
The declining securities market is spreading
Although the main American indicators are less than the place where they started the year, the signs are abundant that investors are in an extended declining direction.
Nvda (NVDA)The leading light in the stock market has been sold over the past two years, by 8.5 % on Thursday after reporting a strong quarter.
the DJIA Industrial Mediterranean It is now traded without the simple moving average for 100 days (SMA).
Popular Vanguard Information technology ETF (VGTI moved to less than SMA for 200 days this week, while Microsoft (MSFT) Exchange of hands near August 5, 2024 market collapse.
Daily stock scheme VGT
The American Association of Individual Investors said on Tuesday that the latest weekly retail scanner had increased from the participants from 40.5 % in the previous week to 60.6 %. Detitable investors are those who expect the market be less than six months from now.
A poll of the Bank of America Securities Funds (FSM) has shown that 89 % of the fund managers that I met looked at the American stock market as “exaggerated”, which is the largest percentage since April 2001.