Falling of the US section after Trump’s customs on Colombia; Waiting for Feda by Investing.com
Investing.com – Faver of the US Stock Index fans fell on Sunday night after weekly winnings on Wall Street because President Donald Trump threatened to introduce return customs duties, while investors became careful ahead This week.
dropped 0.5% to 6103.0 points, while 1.2% fell to 21646.25 points up to 18:45 et (23:45 GMT). dropped 0.2% lower to 44,535.0 points.
Trump imposes customs duties, the sanctions of Colombia
Trump announced on Sunday that he would introduce sanctions and high Customs Colombia after this Latin American country refused to allow two US -based repatriation flights to be transported by deported persons, which is a Directive attributed to Colombian President Gustav Petra.
Trump said he would introduce a 25 percent customs on all imports from Colombia, which will take effect immediately, and will raise it to 50 percent next week.
In addition to customs duties, the US administration brought a ban on travel and abolished visas for the Colombian government officials and their branches.
In response, Colombia threatened customs duties of 50 percent on US goods. New customs are expected to have considerable economic implications, especially for Colombian exports such as oil, coffee and flowers, which relies on the US market greatly.
Trump announced earlier that customs for Mexico, Canada, China and the European Union could be announced on February 1st.
Investors Caution Ahead of the Fed Meeting, Inflation data
Investors are careful while waiting for maturity later during the week
FED’s desired measure of inflation – data and estimates for the fourth quarter are coming this week.
In addition, consumer trust in December and January was also at a level.
Chinese Deepseek puts pressure on AI shares, great earnings are expected
In the technological sector, Chinese AI startup Deepsek presented its latest model, R1, which shows performance comparable to leading American models such as Openi Chatgpt, but with a much lower price.
This progress represents a competent threat to established players in the hardware space of artificial intelligence, especially the Nvidia corporation (Namaq :), whose share has experienced a fall in response.
Nvidia’s shares have fallen more than 3% on Friday and is expected to face the pressure of this post.
However, Wall Street recorded weekly gains last week, mainly because of the optimism regarding Star Earnings Netflix (Nasdaq 🙂 and announcements of Stargate Initiative.
Last week, weeks of 1.7% were recorded, which ended at 6,101.24 points, while the weeks rose 2.2% to 44,424.25 and added 1.7%.
The market is also being prepared for reports on the earnings of large technological companies, including Meta platforms Inc (Nasdaq :), Microsoft Corporation (NASDAQ 🙂 and Tesla Inc (Nasdaq :). These reports are expected to provide further insight into the state of the technological sector and to direct the mood of investors in the coming days.
