By chuck mikolajczak
The actions of New York (Reuters) -Global gathered on Monday, carried out by gains in American actions, while the yields of the US Treasury climbed after the price plan of President Donald Trump could use a more targeted approach than we thought before, which increases the appetite for risks.
Trump said automotive prices are coming soon and said he could give ruptures of “many countries” on the prices, but had provided no details.
“Investors experience a slight sigh of relief, but at the same time, they are cynical as to the duration of the duration,” said Sam Stovall, chief investment strategist at CFRA Research.
“The causes of this manufactured correction have not evaporated. These are prices and what impact of prices could be on economic growth, inflation and the profits of companies.”
Actions have been under pressure in recent weeks, weighed down by uncertainty about potential samples and damage they may inflict on the global economy as well as business benefits.
A series of economic indicators also indicated that the feeling of cooling of consumers as the price concerns increased.
Monday data has shown that the PMI composite Flash US exit index of S&P Global, which follows the manufacturing and services sectors, went to 53.5 this month from 51.6 in February. A reading greater than 50 indicates expansion.
However, the concerns about the prices and net cuts in public spending continued to end the feeling, while the measure of confidence in the activities of the survey fell to the lowest second reading since 2022.
The industrial average of Dow Jones increased by 597.97 points, or 1.42%, to 42,583.32, the S&P 500 increased by 100.01 points, or 1.76%, to 5767.57 and the NASDAQ composite increased by 404.54 points, or 2.27%, to 18,188.59. The Nasdaq has touched its highest level since March 7.
The MSCI actions gauge around the world has won 9.84 points, or 1.17%, at 851.83 after reaching more than two weeks of 852.39.
The MSCI index had dropped almost 8% of its mid-February record until its fence on March 13, before taking a series of four weeks drops last week.
Price uncertainty still weighed on other global stock indices, and the STOXX 600 pan -European index decreased by 0.13%.
European shares had increased earlier in the session after the purchasing managers of the HCOB HCOB HCOB area, compiled by S&P Global, has increased to 50.4 this month from February 50.2, its highest since August.
Trump still plans to impose new reciprocal prices next week, but questions remain about the size of the tasks and which countries will be targeted.
In addition, Trump said on Monday that any country that buys Venezuela petroleum or gas would pay 25% on exports to the United States.
