The Wall Street index advanced in waved trading on Friday, after a short time after a controversial White House meeting with Ukraine President Volodymyr Zelenskiy.
Oil prices fell due to concerns triggered by the White House meeting, Iraqi tariffs and decisions to continue exports from the Kurdistan region.
European shares ended flatly but still scored a weekly profit again.
The argument in front of the camera at the OVAL office broke out between US President Donald Trump and Ukraine President for the possibility of a ceasefire agreement in the Russian-Ukraine war.
“The market was originally sold because it was a hot and controversial conversation, which is usually not a good thing between two world leaders,” said Adam Sarhan, Head of Executive 50 Park Investments in New York.
“That’s why the market sold out, but then the cooler head won.”
S&P 500 rose 1.59% to end the session with 5,954.50 points. Nasdaq rose 1.63% to 18,847.28 points, while the average Dow Jones industry rose 1.39% to 43,840.91 points.
The volume in the US exchange is very heavy, with 17.5 billion shares traded, compared to an average of 15.4 billion shares during the previous 20 sessions.
European shares fall in terms of falling, with Dax and CaC40 Futures (FCEC1) down 0.6% and Eurostoxx 50 futures fell by 1.4%.
The results of the US treasury fell to the lowest multi-month position after a report tracked by the Federal Reserve showed annual inflation and the consumer expenditure slowed last month.
MSCI shares gauges worldwide rose 5.69 points, or 0.66%.
Crypto prices fell when Trump’s boom failed.
Ukraine dollar bonds fell on Friday but react mutually to the chaos of the meeting, holding at the previous level. The 2034 Maturity (XS2895056013 = TE) fell only more than one cent, the latest offer at 59.04 cents on the dollar, and was determined for monthly profits. The country’s international debt gathered strongly last year with the hope that Trump could negotiate the end of the three -year war with Russia, but bonds have been shaken for the past month when investors have shifted their views on Trump’s administrative approaches to Russia and how it will ultimately affect the Ukraine economy.
Previously, the Pan-European Stoxx 600 index ended flat.
The dollar index, which measured the greenback against six main colleagues, rose 0.21% to 107.59.
The Euro fell by 0.37% to the lowest two weeks $ 1,036, before peeling some decreased to trade at $ 1,0366.
The stock market shares fell 28.01 points, or 2.49%.
US data, tariff risk
Amendment to 12 months in the US personal consumption price index (PCE) dropped to 2.5% last month from 2.6% in December, US data shows.
The size of the core PCE, the size of the favored inflation Fed, dropped to 2.6% from the 2.9% which was revised upward. The central bank targets an inflation rate of 2%.
Both steps are in line with the expectations of economists.
The threat of increasing tariffs has increased dollars, but also triggers concerns about the impact of widespread tasks on the US economy.
“The report shows that inflation remains sticky,” said Peter Cardillo, head of the market economist at Spartan Capital Securities.
“That means the break will continue. And that means that The Fed might have a dilemma in his hand because this new macro number cools and shows signs of economic cooling. “
The higher US tariff prospects send nervousness through the market and revive concerns about the increase in the global trade war.
Trump said that on Thursday that 25% of import duties from Canada and Mexico would take effect on March 4 – not April 2 as he suggested the day before – and said goods from China would be subject to an additional 10% fee. This week he also hovered a 25% tariff on shipping from the European Union.
Bitcoin fell 0.18% to $ 84,138.56
The results on the benchmark of the US 10 -year record dropped 6 basis points to 4.227%, from 4.287% on Thursday night.
The 2 -year note (US2YT = RR), which usually moves in line with interest rate expectations for the Federal Reserve, down 8.9 basis points to 3.991%, from 4.08% on Thursday night.
Spot Gold fell 0.68% to $ 2,856.49 per ounce.
US Gold Futures settled 1.6% lower at $ 2,848.50.
Brent Crude Futures, which expired on Friday, settled at $ 73.18 per barrel, down 1.16%. US West Texas Intermediate Minah Raw Futures Completed at $ 69.76 per barrel, losing 0.84%.
The area of the Asia-Pacific shares of MSCI outside Japan closed 2.45% lower at 576.86, while Nikkei Japan fell 1,100.67 points, or 2.88%, to 37,155.50.
Source: Reuters
