Global equity markets anticipate losses due to uncertainty in trade negotiations between the United States and other countries. On Wall Street, the Nasdaq falls by 0.66%, the S&P 500 by 0.50%, and the Dow Jones by 0.42%. Treasury Secretary Scott Bessent mentioned that negotiations with several partners are going well and agreements may be announced this week.
Palantir Technologies plummeted in day trading due to financial results and projections that do not meet investor expectations. Other companies also estimate losses due to tariffs and some have withdrawn their guidance due to lack of clarity in the outlook.
In Europe, Germany's DAX falls by 0.55%, France's CAC 40 by 0.53%, Spain's IBEX 35 by 0.04%, and London's FTSE 100 by 0.04%. On the Mexican Stock Exchange, the main index loses 0.16% and the FTSE-BIVA of the Institutional Stock Exchange decreases by 0.07%.
On the other hand, oil prices have solid rebounds following the decision of the Organization of Petroleum Exporting Countries to increase their pumping levels. West Texas Intermediate rises by 4.708% and stands at $59.46 per barrel, while Brent increases by 3.67% and reaches $62.44 per barrel.
Ford suspended its financial forecasts and stated that tariffs on automobiles will affect its profits. The effects of trade uncertainty will continue to limit risk appetite.
