Dow finishes higher with Trump hesitant to launch car rates by Investing.com

Investing.com – The Dow Jones reported Wednesday its decision to impose tariffs on imported vehicles and parts as well as signs of thaw in the trade dispute between the two countries.

The increase of 0.45%, the increase of 58%, while the increase of 1.13%.

Wall Street has recovered sharply after a slowdown following the rise in motor vehicle inventories, while the White House would not expect the White House not to light up. with rights to vehicles imported from the EU and Japan. Reuters reported that Trump was against the imposition of tariffs, citing officials of the administration.

Ford Motor (NYSE :), General Motors (NYSE 🙂 and Fiat Chrysler grew about 1% on the day.

But the reversal of Macy's (NYSE 🙂 department store giant deterred discretionary consumers as the retailer warned it could see an impact of the growing trade war between the United States and China. Macy's closed down 0.5% after climbing 4% at the start of the day as a result.

Ali Baba (NYSE :), meanwhile, ended the day up after its fourth quarter results exceeded expectations, both in terms of financial and financial results, thanks to a 76% increase in its cloud.

In industrial products, Boeing (NYSE 🙂 rose 0.8% after the FAA announced that the aircraft manufacturer was planning to propose a fix for its anti-stall software for its Boeing 737 Max "in the coming week ". Boeing shares are down 9.45% this quarter but up 7.1% for the year.

The rise in energy stocks also contributed to the good day of Wall Street, fears of a rise in tensions in the Middle East on global supply offsetting an unexpected increase in US crude inventories.

Amazon.com (NASDAQ 🙂 added gains after normal trading hours when Warren Buffett's Berkshire Hathaway (NYSE 🙂 revealed in a government statement that it had taken a $ 904 million stake in the e-commerce giant.

The economic front, on the other hand, offered little optimism, with negative US and Chinese industrial data exacerbating fears that a protracted trade dispute between the two countries will hurt the two largest economies in the world. world.

"The data has been volatile in recent months, driven by fluctuations in the auto market, but the net result has been significantly weakened.The manufacturing sector is particularly export-oriented, but this weakening exceeded the implicit degree of survey data, "said Hedge Fund Economics Comment.

Main winners and losers of the S & P 500 today:

Coty (NYSE :), Progressive (NYSE 🙂 and Alphabet (NASDAQ 🙂 were among the best winners of the S & P 500 for the session.

Agilent Technologies (NYSE :), Charles Schwab (NYSE 🙂 and Transdigm Group (NYSE 🙂 were among the worst in the S & P 500 session.