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Shutdown reprieve could offer S&P 500 relief

What matters in the United States and global markets today

Written by Mike Dolan, editor, man, financial industry and financial markets

It is Friday, so I will present today a quick overview of what is happening in the global markets and then we offer you some suggestions to read the weekend away from the main headlines.

Market accurate today

* On Thursday, US President Donald Trump threatened to manufacture a 200 % tariff on wine, cony and other alcohol imports from Europe, and opened a new front in a global trade war that resulted in roaming in financial markets and raised recession concerns.

* The Senate Grand Democrat at the Senate Chuck Schumer said on Thursday that he would vote to pay the Stopgap bill for the Republicans, indicating that his party will provide votes to avoid the closure of the government.

The Italian Bank said on Friday that the European Central Bank has granted UNicredit approval to buy up to 29.9 % of COMMERZBANK.

* German advisor at Friedrich Mirz urged the skeptical legislators on Thursday to support his proposals for a huge increase in the state’s borrowing, and to frame them as a test for Germany to stand on the world stage and protect European security.

* The Chinese Hong Kong Affairs Office and the Macau Affairs Office have re -commenting, which criticizes the CK Hutchison Port deal with the American company Blackrock as betrayal in China, where the shares of a group of Hong Kong group sent its headquarters.

Closing

On Thursday, the S& P 500 recorded a 10 % technical correction of the last time for the first time since 2023, but it may get some relief at the end of the weekend incentive from signs that the United States government partially closing it may be avoided.

With losses of more than 4 % for the week until Thursday, the S&P 500 was in its path for the worst week in two years, but the futures were wore overnight as it seemed that one of the multiple clouds attached to the market may pass after the bell.

The Senate Democrats of the Senate in the United States said he would vote to pay a Stopgap bill for Republicans, indicating that his party will provide the necessary votes to avoid the closure of the government before the deadline midnight on Friday.

But the risk of partial government closure was just one of the uncertainty that weighs on stocks, which includes an escalating global trade war and is afraid to grow in a rare contraction in the economy.

With a few major economic updates this week and the latest policy meeting in the Federal Reserve next week, the markets are likely to focus today on the latest investigation of the University of Michigan on consumer confidence.

2025-03-14 11:27:00

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