Wall Street has ended with the last meeting of the week, as the new Trump threat will escalate the trade war with Europe and its “fears” to Apple that it will be confronted with 25% duties if it does not start manufacturing its popular iPhone mobile phones in America.

The main indicators of the US market started the meeting, but reduced their losses during the meeting to finally close away from the low days.

The industrial index Dow Jones completed the day 256 points or 0.61% lower, the wider S&P 500 closed with a loss of 0.64%while the techno Nasdaq fell 1%. Today’s drop expanded the losses of the three basic American market indicators on a weekly basis, which now exceed 2%

At the level of individual shares, the share of Applewhich has been targeted by the US president in recent days, closed 3%, while the titles of other technology companies have recorded strong losses, with the NVIDIA semiconductor losing more than 1% and Micron and Qualcomm to write 1.5% and 1.5% respectively, their intra -conference losses.

The “red” also closed the European stock markets

In the “red” but far from the low days, they completed the transactions earlier and the European stock markets, as US President Donald Trump’s threat of imposing 50% duties on European Union imports from June 1st has brought back European fears.

European indicators started the meeting as investors welcomed the upward revision of the growth rate of the German economy – which is the “locomotive” of Epirus – in the first quarter of the year, to 0.4% from 0.2% of the preliminary measurement, but also a significant increase. Estimates for 0.2%.

However, the “hurricane” Trump once again hit the markets and changed the climate, with the threat of a new escalation of trade war with Europe causing a mini-off in the Epirus markets, which completed the day down, but away from the low days.

The pan -European index Stoxx 600which came to lose about 2%, finally closed almost 1%below 545.15 points, marking the highest daily retreat from April 9, with the car industry at a loss of 3.1%, followed by the luxury industry and 2.7%.

With a drop of 1.77% completed the day the index Euro Stoxx 50 With the “heavy papers” of the eurozone, also limiting its intra -conference higher losses.

A similar course was followed by the individual, national stock markets. In Frankfurt the index DAX closed with a drop of 1.61%, in Paris the Cac 40 lost 1.65%while in London o FTSE 100 Converted 0.24% lower.

In the European region, the index Ibex 35 in Madrid fell by 1.33%, while the FTSE MIB In Milan it slipped 1.94% lower. All the indicators, however, were able to limit the highest higher losses they recorded shortly after Trump’s threat was launched.

Investors flock to bonds

In fear of escalating the trade war, investors abandon, as mentioned above, the shareholder values ​​seeking security in state bonds – especially developed economies such as the United Kingdom and Germany – which historically are considered a safe source of stable income as governments are unlikely.

This confrontation has ejected the prices of short and long -term titles, lowering their yields that move in vice versa.

The yield on the German 10 -year bond, considered a reference point for the eurozone, moves 8 points lower to 2.56%, while by about 6 basis points the yields of 10 -year French and Italian securities recede. “Dive” by 12 points is also noted by the 10 -year bond of Switzerland.

It is noted that the yield on German 2 -year and 5 -year bonds decreased by 10 basis points at 2:02 pm. In London, while 9 -year -olds dropped by 9 basis points.

Correspondingly, the German 20 -year and 30 -year bonds saw their yields drop about 7 basis points lower, while yields of French and Italian 30 -year bonds have been reduced by 5 basis points.

Slides the euro, retreats from high 1 year the sterling
The euro, after Trump’s new threat to 50%in Europe, lost almost all profits of 0.7%, which recorded earlier than the US dollar and currently increased by only 0.2%.

The British pound is also under pressure, which had climbed to a high 1 year before the dollar, but then began to lose pace and now only reinforced by 0.5% against the US currency.