Supplies, brings the edge of the larger; Powell says the economy is still in a good place
Author of Caroline Valetkevitch
New York (Reuters) -Stock Indexes rose on Friday after the president of the Federal Reserve of Jerome Powell said that the American economy was still in a good place and remains to be seen whether the Trump administration tariff plans show inflated, while 10 -year -old coffers also turned into bigger ones.
The yield and treasury yields were lower earlier during the day after the data showed that the American economy created smaller jobs than expected last month, adding recent care of economic growth. The job report increased market expectations for the amount of decreasing rates from the federal reserves this year.
Neparama payments of the list increased by 151,000 jobs in February, according to a carefully observed employment report, with unemployment increased. The report, the first under the supervision of President Donald Trump, arrived at the end of the week marked by a mess around US trade policy and a global increase in borrowing costs.
Powell spoke after a week in which Trump imposed and then postponed 25% of tariffs to the main trade partners Mexico and Canada, and the food was still needed to enter into force in early April, and the other tariffs on imports are also on their way.
The economy holds itself, “even with all the titles and noise, which still hits the tape,” said Adam Sarhan, the executive director at the 50 Park Investments in New York, adding that after recent sharp sales, there is a folding bounce.
The S&P 500 on Friday recorded its biggest weekly decline in the percentage of September, while on Thursday, Nasdaq confirmed a correction defined as a fall of at least 10%, since it peaked in December because the Tariffs announced by Trump encouraged investors.
After job information, the merchants added to the expectations that the central bank would reduce the borrowing costs in June, according to the data collected by LSEG.
“The market is returned to prices in three decreasing rates in 2025,” said Brian Jacobsen, a major economist from Annex Wealth Management.
The yield on the reference 10-year-old treasury note has increased 3.8 base points (BPS) to 4.32%. In a week, a 10-year yield increased by about 9 BPS, on the way to extinguishing a five-week series of downs.
The sharp sale in the Government bonds of the Euro zone decreased on Friday, after the biggest two-day drop in the pank since the 1970s on the back of Germany plans to fully transcribe their fiscal rules.
The German 10-year bond yield, the EU Block Block Istrian, has been reduced by 5.5 BPS to 2.83%.
The euro has had its biggest weekly percentage over the US dollar since 2009. The last increase in 0.51% per day at $ 1,0838. The dollar index is the last drop by 0.32% to 103.86.
