He left O S&P 500 on Tuesday (5.8.25) in the closure of Wall Streetas investors assimilated the weaker ones from the expected financial data and new statements by former President Donald Trump about duties, raising concerns about the situation of the US economy.
Specifically, Wall Street’s S&P 500 indicator closed with 0.42%Nasdaq 100 fell 0.73%, while Dow Jones lost 0.14%.
The market has been intense fluctuations in recent days: Dow fell more than 500 units on Friday (1.8.25), following an employment report that has shown labor market fading for months. On Monday, Blue-Chip Index recovered, rising nearly 600 points.
The indicators moved down on Tuesday, following the publication of the ISM Services index, which remained unchanged in July, enhancing fears of stagnation – a scenario that combines high inflationary inflation. Since the service sector accounts for about 70% of the US economy, a slowdown in this sector could signal problems.
The shares were also burdened by Trump’s statements to CNBC that new duties are coming to chips and medicinal products soon.
“We will announce something about semiconductors and chips, which is a separate category, because we want to be manufactured in the United States,” Trump said, adding that he would announce the new plan next week.