A mass sale on Wall Street is underway: Within two days, the main indicators of the American stock exchange fell by about 10 percent. During the Friday session at Wall Street, the Dow Jones indicator fell by 5 percent, and S&PC and NASDAQ by almost 5.5 percent. It was calculated that within two days the company from S&PC lost OK. $ 5 trillion on stock exchange value. These are the biggest declines on the New York Covid Pandemic Stock Exchange. Then the two -day loss was about $ 3.3 trillion.
The richest got in their pocket: Bloomberg reports that the total property of the 500 richest people in the world fell on Thursday by 208 billion dollarsand in two days Fr. $ 887 billion. Mark Zuckerberg Meta, lost $ 17.9 billion, and the assets of the founder of Amazon Jeff Bezosa decreased by $ 15.9 billion. On the other hand Elon Musk He lost $ 11 billion. This means that the three of the richest people in the world who appeared at the inauguration Donald Trump, lost $ 45 billion in two days.
Everyone is losing: When we look at the largest American companies, you can see that the losses are huge. Only on Friday (April 5) Intel lost as much as 11.50 percent, Tesla – 10.42 percent Boeing – 9.49 percent, Apple – 7.29 percent, finish 5.06 percent, and Amazon 4.15 percent Despite this, asked to comment on the market response The US president estimated that everything is going according to plan. – I think everything is going very well. It's like surgery, as the patient is operated. Markets will go upactions will grow and the country will develop – he said. He assured that he was not going to change politics.
Many commentators criticize Donald Trump: At a time when the Americans melted the funds collected on the stock exchange, he himself played Golf in Florida and met with the organizers of the Saudi Arabia tournament. “Great business is not worried about duties, Because he knows that they will stay, but focus on a great, beautiful occasion that will drive our economy. Very important. This is happening right now! ” – he wrote on the Truth Social platform, when the stock exchange is closed. From January 17, the day of its inauguration, the American Stock Exchange lost $ 9.6 trillion.
Indignation in the USA: – They applied customs tariffs on penguins, not Putin – said Senator Chuck Schumer, pointing to the sanctions of deserted islets in the Indian Ocean, and the omission of Russia. According to experts of the conservative American Enterprise Institute, the formula used by Trump for calculation of tariffs There is no economic sense. And even if it had, it was used with an error. If it was done correctly, the customs should be four times lower or be 10 %, which was set as a minimum rate.
Where does the decrease in the action come from? The sale of shares is associated with much higher duties than the market and chaos expected when introducing them. The new rates range from 10 percent. For most countries up to 54 percent towards China. American duties on products from the European Union will be 20 percent. Among the significant commercial partners USA They did not only affect Russia.
Sources: Reuters, BloombergIAR, STOOQ.PLDonald Trump [Truth Social], Marketwatch.com“The Wall Street Journal“