Stocks close mixed on news of GDP decline, recession fears grow
US stock indices ended on Wednesday, closing a chaotic month President Donald Trump for continuously changing tenure markets Tariff policy and the fears of growing recession. The S & P 500 collected by 0.15% on Wednesday Defame Jones industrial average has increased by about 0.35%. While technological weight Nsdak The composition decreased by 0.09%.
After a monthly alarm, the shares have recently recently recovered since the last few days, as Trump’s administration’s officials hinted on the opportunity to make trading transactions that could cool the trade war. But the news about 0.3% of the economy, which came before the full consequences of the April tariffs, even weds on Wednesdays, as the completion of the trading day was restored to S & P and Dow Jones.
The statement of the contract economy of the Trade Department is conditioned due to the slowdown in business uncertainty and consumer costs around the Trump Tariff Plan. The news also marks the first compression since the first quarter of 2022, and the dramatic turn is from 2.4% growth in gross domestic product growing in the last quarter of 2024.
Although the shares were beaten as a result of Trump’s Liberation Day tariffs, they slowly recovered during the following weeks when the president would return his policy or transactions.
Until now, there has been no transactions, and Trump’s administration provides contradictory stories where negotiations are faced. Wednesday afternoon Trump’s Best Trading Advisor Peter Navavaro said that the White House To negotiate a tariff deal With India.
The first 100 days of Trump
The president closes his first 100 days in the office – one with one The worst starts Last memory for any president’s stock market.
From January 20 to April, the S & P 500 fell by almost 8%. Fortune“Ben Ways” and Irina Ivanova reported TuesdayThe worst launch of the new presidential term of Gerald Ford has taken over by Richard Nixon.
“The US stock exchange and the dollar have worsened in the last hundred days than in the first hundred days since 1980,” said John Higs.
Later on Wednesday, great income will be carefully following Wall Street. QualificationTo be in style Metaand Microsoft: After all reports closure after the call.
This story was originally shown Fortune.com
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