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(Reuters) -Use of the Action Index fell on Monday after President Donald Trump reigned concerns about the effects of a world trade war through the introduction of new rates, while markets were waiting for the decision of the federal reserve monetary policy this week.
On Sunday, Trump announced a 100% rate in films outside the United States, but offered little clarity on how taxes would be implemented.
Films and television production companies abroad fell into the previously. Netflix dropped by 3.3%while Walt Disney and Warner Bros. Discovery were reduced to 1.5%and 2.7%, respectively.
Among other stock, Warren Buffett Berkshire Hathaway Class Bethai Actions fell 2.1% after the investor said he would abandon as CEO of the conglomerate.
At 05:05 AM ET, Dow E-UNCA was dropped 287 points, or 0.69%, S&P 500 E-UNIMOs dropped 48.5 points, or 0.85%, and NASDAQ 100 e-UNIMPs dropped 191.75 points, or 0.95%.
The markets reached a sigh of relief last week on signs of commercial tensions between the United States and China, in the midst of a Tat fare policy that has devastated the financial markets of the end.
On Friday, the S&P 500 pointed to its ninth earnings session, a streak that was last seen in 2004.
This week, the point of view will be in the United States Federal Reserve, which is expected to maintain interest rates. The comments of the Central Bank’s policymakers will be focused on evaluating their approach to relieve monetary policy this year in the midst of fare impacts.
Last week’s data showed that the world’s largest economy was hired in the first quarter, for the first time since 2022, as merchants precipitated to import goods before the rates were introduced, increasing concerns about slowing growth despite labor market strength.
“The resilience of the April work data will facilitate the reduction of perverse negative impression in the GDP report last week, leaving the federally … in waiting and visual mode this week,” said Wrightson Icap analysts.
Traders have a price at 25 basic points of facilitation only in July and see a total of 116 cuts at the end of the year, according to the data collected by LSEG.
The attention of investors will be on how companies are browsing for rates induced uncertainty.
Henry Schein, the Chips maker and the dental and medical products distributor, are among the companies that report results before the bell, while the Carmaker Ford and the Palantir data analysis sign are scheduled after closing the markets.
(Purvi report back to Bengaluru; Editing of Shoe Dasgupta)