(Finance) – Sitting slightly up to Wall Streetwhere the Investors evaluate the macroeconomic output data to understand the impact of duties of President Donald Trump’s president on the economy. Before the bell, a report by the Department of Commerce showed that the retail sales They bounced less than the expectations in February, after a falling drop in 1.2% in January. In addition, a report from the Federal Reserve Bank of New York showed that theActivities of the New York State factories It has collapsed to the maximum in almost two years, with new orders in strong decreases and input prices on the increase in the fastest rhythm in more than two years.
The sentiment of the market was also affected by Sunday’s interview with the NBC of the Treasury Secretary Scott Bessentwho warned that There are no guarantees that the United States will escape the recession.
The highlight of the week will be the Decision on Fed rates, scheduled for Wednesday. However, market expectations are for unchanged interest rates. Investors will look at the updated economic projections of officials and the press conference of President Jerome Powell for clues on the future path of the cost of money.
The new duties of President Trump will drag up the growth in Canada, Mexico and the United States, while they will increase inflation, according to an OECD report, which has cut the global perspectives and warned that a wider commercial war would further weaken growth. Now the OECD provides that the growth of global GDP will drop from 3.2% in 2024 to 3.1% in 2025 and 3.0% in 2026, with higher commercial barriers in different G20 economies and greater political uncertainty that weighs on the investments and expenditure of families. Also, it provides that the Annual growth of royal GDP in the United States will slow down to its recent very strong rhythmat 2.2% in 2025 and 1.6% in 2026.
Looking at Main indicesThe Dow Jones advances to 41,632 points (+0.36%); On the same line, theS & P-500 It proceeds in small steps, advanced to 5,661 points (+0.41%). Fractional earnings for the Nasdaq 100 (+0.44%); As well as, in moderate rise thereS & P 100 (+0.28%).