REUTERS / Brendan McDermid
Sinking the future fulfillment of US shares As China reacts to duties of Trump.
Futures’ contracts for the future of US shares further fell to the first transactions today (4.4.25) after China’s retaliation to new US duties with contributions to all US imports.
Futal deduction contracts linked to the S&P 500 index fell up to 3.2%, while those associated with the NASDAQ 100 index declined up to 3.5%. The fall comes as China retaliated with US duties with its own contributions, imposing 34% duties on all US imports from April 10, according to the official Xinhua news agency.
Volatility returned dynamically, as the CBOE Volatility Index volatility index jumped over 39, the highest level of this year. A continuation of the sale today – so that the government report on employment in March – threatens to expand S&P’s loss to six of the last seven weeks.
“The market is bleeding and clearly comes more pain, as this escalating trade war is in danger of pushing the US economy into a recession,” said Luca Paolini, head of Pictet Asset Management. “It is not surprising that China will retaliate. But this will inevitable recession, because the damage has been done – unless Trump retreats. “
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