After a powerful take -off, on Wall Street again correction of the index

After a strong take-off day earlier on Wall Street, under the influence of US President Donald Trump’s decision to delay high customs duties to imports from more than 180 countries, while at the same time further raised customs Cinema to 125 percent, the US Termino Indexes announce the main stock correction on Thursday, as questions are already raised.

There was a reversal in the US customs policy in less than 24 hours after the sharp new customs duties have entered into force on most trade partners. This, yesterday, encouraged the strong technically reflection on Wall Street after the great corrections, with the S&P 500 achieved 9.5 percent of the growth – the largest one -day percentage of 2008. Nasdaq published the largest one -day jump since 2001. Of the 12.16 percent.

Trump has announced a 90-day break on many of his new reciprocal customs, but raised them from 104 percent to 125 percent to Chinese imports. Beijing has previously imposed a duty of 84 percent of imports from the US as a reaction to Trump’s earlier tax.

« The trade war is now turning into a direct confrontation between the US and China. We could again see at the same time escalation and deescalation at the same time, which will pull the market in different directions, » Rabobanka analysts said.

In the meantime, the European Union has announced that it has agreed on the 90-day delay of its counterparts to US goods, which was supposed to be introduced on April 15.

Despite the rise on Wednesday, the S&P 500 and the DOW are currently about 4 percent below the levels reached before the mutual customs duties were published last week.

At 1:20 pm in our time, the thermal index related to Dow Jones in the minus is 522 points or 1.28 percent. The Termine S&P 500 fell 1.8 percent and the terms of about 2 percent. In the electronic trading before the official opening of Wall Street, according to the losses, they lead the Apple, Tesla and Nvidie shares, which are about 3 percent.

Despite the optimism of delaying high American customs duties for 90 days, some Wall Street investors are skeptical about their problems.

« We need security. I think 90 days is a good period, but people will quickly start to ask what will happen next, » said Mohamed El-Erian, Allianz’s chief economic advisor.

And Jeffrey Roach from LPL finances the possibility of new turmoil on the tdzsta.

« The market volatility could remain high, despite the 90-day break to apply customs. The data from the beginning of the year suggest that the US economy slows down regardless of trade policy, » he warned.