(Reuters) – The New York Stock Exchange opened on a hesitant note on Wednesday, investors digesting the unexpected slowdown in American inflation and the scope of recent developments on the commercial front.

After the first exchanges slightly increased, the indices of the New York Stock Exchange evolve without direction, the Dow Jones remains unchanged, the Standard & Poor’s 500 fell by 0.05% and the Nasdaq Composite loses 0.08%.

“The message of (Donald) Trump on the commercial agreement with China threatened to stifle the importance of this IPC figure. Customs duties of 55% on China do not seem to be a good deal for households and American companies, says Rian Jacobsen, economist at Annex Wealth Management.”

Investors remain cautious at the start of a session marked by a Sino-American agreement concluded in London on trade relations between the two powers, and by a certain optimism fueled by inflation figures lower than expectations for May.

Senior American and Chinese officials reached the framework agreement on Tuesday to defuse the trade conflict between Washington and Beijing, and who must in particular resolve the question of restrictions imposed by China on rare earth exports.

An official of the White House said that this agreement authorized Washington to impose a customs right of 55% on imports of Chinese products, including a so -called “reciprocal” surcharge of 10%, another linked to flexible traffic by 20% and a taxation of 25% reflecting pre -existing customs duties.

For its part, Beijing will impose a customs duty of 10% on American imports, according to the White House.

While evaluating the scope of commercial ads, investors have learned that inflation had slowed down in the United States in May, which appeased fears concerning pressures on customs duties and reinforced expectations for reductions in Fed interest rates.

Before the opening of the markets, these figures have turned upwards the term contracts of the New York Stock Exchange, even if their progression slowed down shortly before the start of the session, a sign that long -term inflation fears remain and that trade policy continues to dive investors into uncertainty.

At the values, Tesla increased by 1.5%, its director general Elon Musk having declared that he regretted some of the criticisms he made last week against the American president Donald Trump, paving the way for a de -escalation of tensions between the two who abused the action of the automaker.

The group plans to start offering journeys to the public in its Robotaxis without a driver on June 22, Elon Musk also said.

(Written by Diana Mandiá, edited by Kate Entringer)

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