The shares were drifted in mixed trading in Wall Street on Thursday after the last tariff for President Donald Trump entered dozens of countries.
SP 500 decreased by 0.1 % after climbing early today to the edge of its record, which was identified late last month. The Dow Jones Industrial rate fell 330 points, or 0.7 %, as of 11:45 am East time, and the Nasdaq compound was 0.4 % higher.
Fears are still high that Trump’s tariff destroys the economy, especially after the worst report expected in the labor market last week. But the hopes of discounts in interest rates by the Federal Reserve and the torrents of the most powerful profit reports than expected from major American companies help compensate for concerns, at least at the present time. Low interest rates can give the economy and investment prices a boost, although the downside is that inflation can also be paid up.
Merchants work on the floor of the New York Stock Exchange, on Friday, August 1, 2025, in New York.
AP Photo/Yuki Iwamura
Bank of England reduced the main interest rate on Thursday in the hope of strengthening the slow slow economy.
The American definitions that came into effect on Thursday morning were already well well known, as well as less than Trump at first. Some countries are still trying to negotiate the tax rates on their exports, and it seems that the ongoing uncertainty is the only certainty in Wall Street. All the time, the US stock market is criticizing that it has risen very far, very quickly since it reached the bottom in April and let the prices look very expensive.
The latest reports on the American economy mixed, which left the cabinet relatively stable in the bond market.
One of them said that more American workers have applied for unemployment benefits last week. This could be an indication of workers’ layoffs, but the number remains within its last range.
“There is nothing to see here!” According to Karl Winberg, the chief economist in high -frequency economies. “These are almost no stagnation readings.”
A separate report said that the productivity of workers in the United States improved more during the spring than economists. The American economy can help grow without adding more pressure on inflation. This is especially important when Trump’s tariff appears ready to increase the prices of all kinds of things that American families and companies buy.
At Wall Street, Apple helped lead the market amid hope that its huge size will help it in Trump’s economy. Her share increased by 3 % after the CEO of Tim Cook joined Trump at the White House on Wednesday to say that he increases his investments in American manufacturing by $ 100 billion over the next four years.
Trump also announced a 100 % tariff on imported computer chips, but added, “If you are building in the United States of America, there is no fee.”
“The large and critical companies that can build in America will be the companies that benefit more than others,” said Brian Jacobsen, the chief economist at Annex Wealth Management. “It is greater survival.”
Doordash increased by 4.8 % after delivery applications topped the Wall Street profit for the last quarter. It attracted new clients and witnessed an increase in the number of requests.
Duolingo, the language learning app, increased by 28.9 % after crushing Wall Street. The company said that the subscription revenues grew by 46 % during the same period last year.
They helped compensate for a decrease in Lili, who decreased by 14.7 %, although the pharmaceutical maker was more powerful for the last quarter of what analysts expected. Analysts said that some investors were disappointed with the results of Lily to study in the late stage of the potential birth control pill from the famous weight loss medicine.
Intel sank 3 % after Trump called her chief executive to resign, while accusing him of being “very conflicting”, although he had not provided any evidence.
CROCS fell 25.2 %, although the shoe company reported a stronger profit for the last quarter of what analysts expected. She expected revenues between 9 % and 11 % in the current quarter of the previous year, while the customs tariff is on its profit. The company referred to “the ongoing uncertainty of the development of the global trade policy and the relevant pressure on the consumer.”
In stock markets abroad, indexes have risen in most parts of Europe and Asia.
The shares increased by 0.2 % in Shanghai and 0.7 % in Hong Kong after China stated that its exports were chosen in July, and helped in a wave of shipments as companies benefited from a stop in Trump’s war with Beijing.
The Japanese Nikki 225 increased 0.6 %. Toyota Motor’s share decreased after its profit expectations were reduced largely due to President Donald Trump’s tariff, but Sony sponsored after the entertainment and electronics company indicated that it caused less damage than customs tariffs than she expected.
In the bond market, the return on the cabinet remained for a period of 10 years with 4.22 %, as it was late on Wednesday.
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