The Wall Street recorded strong volatility at Thursday's meeting, with shares and oil constantly changing direction, as investors were trying to decode conflicting messages on the US-Iran deal prospects for ending the war and restoring energy flows through critical Ormuz Strait.
Eventually after continuous rotations all three indicators managed to «Close» on positive ground and even with Dow Jones recording a new historical record!
In particular, the Dow Jones It was increased by 0.55% to the new high of 50,285 units, S&P 500 increased 0.17% to 7.445 units and Nasdaq added 0.09% to 26,293 units.
Climate change also affected the bond market, with state titles recovering, erasing previous losses, So returns lost ground with 10 years retreating to 4.57%, thus extending the fall from the level over 4.68% that it had touched two days ago, which was the highest since January 2025. The performance of the 30-year-old who had ejected into a high two-decade split to 5.09%.
«Bond odds move like "son-son" this week, following alternate expectations of an agreement with Iran», explained Subandra Rajapa, of Societe Generale Americas.
At today's meeting the shares had started the day with losses, but the climate changed following Marco Rubio's statements that there is progress in the talks, but also the information of Iranian media and the Al-Arabiya network that both sides have reached a draft peace agreement, which will be announced in the next few hours.
The draft seems to include immediate ceasefire on all fronts, ensuring free navigation in the Persian Gulf and the Straits of Hormuz, as well as opening negotiations on pending issues within a week.
Although the news was not officially confirmed, it was enough to revive investors' hopes. It is typical that oil prices also retreated, with Brent losing a little over 2% at $102.58 a barrel.
Earlier Tehran had said that the last US proposal partially covers the gap between the two sides, however the statements of Iran's supreme leader, Mojtaba Hameney, regarding the conservation of stocks of enriched uranium, but also the disagreement over the imposition of tolls in the Straits of Ormuz, had clouded the landscape.
Fears that a prolonged shutdown of the Straits could aggravate energy disturbances and fuel inflation have boosted the estimates that central banks may be forced to go on increasing interest rates.
The issue also dealt with the Fed at its last meeting, as the minutes published yesterday showed, with the majority of officials now considering increasing interest rates as long as rising energy prices maintain inflation above the 2% target.
JPMorgan Chase chief, Jamie Demon, warned in statements that interest rates may move much higher, sending a message of concern to bond investors at a time when returns are already moving to perennial highs.
«Interest rates could be much higher than today.», Daimon stressed on Bloomberg television. «Maybe we've gone through a super-saving bid in a situation where there aren't enough savings».
Although processing activity in the U.S. has recorded the largest rise in the last four years, many analysts consider it a temporary boost, as customers are quick to catch up with the new wave of valuations.
Indeed, in another indication of the effects of the war on business, Walmart warned that increased fuel costs are pushing its profit margins and may lead to higher prices for consumers.
In the corporate field, Nvidia was found in the epicenter. The largest listed company in the world announced results better of estimates in both revenue and profits, while forecasts for the current quarter also exceeded expectations. However, it is clear that investors are now difficult to impress, while of course they have good reason to worry about the exports of microchip to China.
Οι μέτοχοι δεν πείστηκαν ούτε από τη σημαντική αύξηση των ανταμοιβών προς τους επενδυτές, συμπεριλαμβανομένης της μεγάλης ενίσχυσης του μερίσματος και του σημαντικού προγράμματος επαναγοράς μετοχών.
«Οι επενδυτές ζητούν τα πάντα από τη Nvidia», δήλωσε ο επικεφαλής αγορών της AJ Bell, Νταν Κόουτσγουορθ. «Παρά το γεγονός ότι η εταιρεία ξεπέρασε και πάλι τις εκτιμήσεις, η μετοχή πιέστηκε λόγω ανησυχιών για τη βιωσιμότητα του ρυθμού ανάπτυξης».
Έτερη σημαντική είδηση της ημέρας ήταν η απόφαση της κυβέρνησης Τραμπ να προχωρήσει σε επενδύσεις 2 δισ. δολαρίων σε εννέα εταιρείες κβαντικής τεχνολογίας, αποκτώντας και μετοχικά μερίδια, σε μια προσπάθεια να ενισχύσει την αμερικανική κυριαρχία σε έναν κρίσιμο τεχνολογικό τομέα απέναντι στην Κίνα. Βασικότεροι ωφελημένοι είναι η IBM και η GlobalFoundries, γεγονός που φάνηκε στην εκτίναξη των μετοχών τους, όπως και ευρύτερα του κλάδου της κβαντικής τεχνολογίας, με ονόματα όπως η D-Wave, η Quantum Computing και η IonQ.
Ισχυρή άνοδο άνω του 13% κατέγραψε και η Spotify μετά το guidance που ανακοίνωσε με ορίζοντα έως το 2030, αλλά και τη συμφωνία στον πεδίο της ΑΙ στην οποία κατέληξε με την Universal Music.
Αξιοσημείωτο και το rebound του κλάδου σπάνιων γαιών, μετά την είδηση της νέας χρηματοδότησης της USA Rare Earth από το αμερικανικό υπουργείο Ενέργειας με 19,3 εκατ. δολάρια.
Στον αντίποδα η Walmart υποχώρησε περίπου κατά 7%. Ο αμερικανικός κολοσσός λιανικής ξεπέρασε τις εκτιμήσεις στα έσοδα τριμήνου, αλλά διατήρησε αμετάβλητες τις προβλέψεις για το σύνολο του έτους.
«Απορροφήσαμε περίπου 175 εκατ. δολάρια επιπλέον κόστους καυσίμων στις παγκόσμιες δραστηριότητες διανομής και logistics», δήλωσε ο οικονομικός διευθυντής της Walmart, Τζον Ντέιβιντ Ρέινι. «Αν το αυξημένο κόστος διατηρηθεί, αναμένουμε υψηλότερο πληθωρισμό λιανικής στο δεύτερο τρίμηνο και στο δεύτερο εξάμηνο», προειδοποίησε.
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