Dow decapses 180 points because caution prevails before talking in US China

U.S. supplies erased their winnings from earlier in the trading day, because traders became all careful before trading talks between the US and China.

Despite some positive news about the trade front, investors remain skeptical. On Friday, 9. May, the main indices of American action were crossed across the board. Dow Jones lost almost 200 points or 0.48%, the S & P 500 fell 0.24%, while the Native-focused Name has reduced 0.19%.

Markets are impatiently awaiting development in trade talks between the United States and China. The American President Donald Trump signaled that he was ready to lower tariffs on the whole chinese goods of up to 80%. He added that the decision will eventually be to the Minister of Finance Scott Bessent.

Although this rate remains high for many exporters, it is smaller than the previous 145% imposed before. The more importantly, Trump’s rhetoric suggests a ton of de-escalation ahead of crucial trading negotiations with China. The talks could help reduce reciprocal tariffs between the two countries, because China relied with its own 125% tariff on American Robbies.

Strategy, Palantir, among the largest losers, gold gains

Among the technological stocks, Palantir was among the worst contractors, today is 2.23%. Stock is set to close a week of 5% while investors review its high estimate. Significantly, on Tuesday, its actions fell 12%, losing 35 million in the market market due to a Drop in quarterly earnings.

It is interesting that the strategy’s actions, investment investment in Bitcoin, were also 1.78% of the open market. This is in spite of bitcoin (BTC) Setting 1.23% increase in the last 24 hours and 5% increase for seven days.

On the other hand, bearing feelings on the market market forced many traders to increase their exposure to gold. The precious metal rose 1.16%, reached $ 3,344 per ounce.