American markets saw modest profits on Wednesday, led by strong performance in the technology sector, since NVIDIA reached a market value of unprecedented $ 4 billion. At the same time, the renewed tariff threats of former President Donald Trump kept investors alert.
The Dow Jones increased slightly by 0.1%, the S&P 500 added 0.2%and the Nasdaq registered a 0.5%gain, backed by the continuous demand for technological actions.
Nvidia took the center of attention, establishing a new assessment of all time. The company became the first in history to briefly play a market capitalization of $ 4 billion, driven by continuous enthusiasm around artificial intelligence and chips development.
However, a positive feeling was found with growing concerns about commercial policy. Trump launched a new round of fees notice aimed at countries such as Iraq, Algeria, Libya and the Philippines. These new rates, ranging from 20% to 30%, follow warnings prior to other nations. Trump emphasized that all countries must end trade agreements before August 1, a deadline that says it will not be extended.
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In basic products, copper prices cooled after reaching maximum records earlier for the week. Trump pointed out a possible 50% tariff on copper imports and suggested pronounced tariffs of up to 200% in pharmaceutical products, which increases concerns in global markets.
Investors also expect more clarity from the Federal Reserve. The minutes of the meetings that expire later today could offer information about where officials are on the policy of interest rates. Although rates were left unchanged in June, markets still expect potential cuts before the end of the year.
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(Tagstotranslate) Nvidia 4 billion market capitalization
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