Today retreated (6.5.2025) the shares to Wall Street Following President Donald Trump’s comments on world trade agreements, denying the hopes that it will soon be made progress on tariffs.
At the same time, investors are awaiting the US Federal Bank (FED) decision on interest rates. Specifically, the industrial index of Wall Street, Dow Jones, fell 0.95%. S&P 500 fell 0.77% and Nasdaq
dropped about 0.87%. Tesla’s shares fell more than 2% after the company’s new car sales in Britain and Germany at the lowest level of the last two years in April, although demand for electric vehicles has increased.
Goldman Sachs shares dropped less than 1%, dragging Dow lower. Nvidia and Meta Platforms technology giants have also fallen.
The shares swept after Trump’s meeting with Canadian Prime Minister Mark Carney today, marking the start of negotiations between the two leaders since Carney took over his duties earlier this year.
During the meeting, Trump withdrew from the promises that trade agreements are on the horizon, saying that “we do not need to sign agreements”. His statement contradicts Finance Minister Scott Bessed’s comments earlier this week. Bessed told CNBC yesterday that “we are very close to some agreements.”