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  • Future of stocks It was indicated on a slightly lower Sunday evening, with the S&P 500, which indicates that its longest winning streak in 20 years can end. This despite the fact that President Donald Trump set aside his desire to lower his rates in China. Cruge prices decreased after OPEC+ agreed to expand the production even more.

Futures of the North -American Values ​​Market plunged on Sunday night, jeopardizing the S&P 500 winning streak after the wide market rate recovered the losses triggered by the “Liberation Day” of President Donald Trump.

Future for the Dowry The industrial average of Jones fell 121 points, 0.29%. Future for the S&P 500 lost 0.35%and Nasdaq Futures were relieved by 0.33%.

On Friday, the S&P 500 advanced for the ninth consecutive session, marking its longest stretch of earnings in 20 years and Returning -where it was April 2When Trump announced the so -called reciprocal rates to commercial partners around the world.

The most anticipated functions than expected led to massive sales in actions, good and the US dollar. But since then, Trump and his administration have granted delays and exceptions, while also leaving several commercial offers.

In an interview issued on Sunday, Trump said he is willing to go down Its prohibitive rates in China, which have also been retaliated with duties in a similar way.

“At some point I will go down, because otherwise you could never do business with them and want to do business,” Trump told NBC’s Know the press.

In the meantime, U.S. crude prices dropped by 3.6% to $ 56.19 per barrel on Sunday, near the levels of the schist, has warned that the industry would crush.

That is after OPEC+ agreed to add 411,000 barrels a day on Saturday Next month, after a similar increase last month.

Analysts have said that Saudi Arabia, Swing producer of the OPEC and de facto leader is frustrated with other members who pump beyond their dues and seek to enforce more discipline by sending gross prices than Riyadh can withstand more than other producers.

In the meantime, the tenor’s performance of ten years reduced 1.2 basic points to 4.308% ahead of the Federal Reserve Policy Meeting this week.

The Central Bank is not expected to adjust the reference rates, especially after the Friday work report was stronger than expected. Fed officials have also indicated that they expect to see how they will affect inflation rates.

While Trump has repeatedly asked Fed President Jerome Powell to lower rates and said that his termination “cannot reach enough soon”, the President told NBC that Does not plan to say goodbyesaying that anyway will name a replacement.

This story originally presented to Fortune.com



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