10.04.2025 17:00
The major stock exchanges in the United States opened lower despite the 90-day tax delays experienced in trade wars. At the opening, the Dow Jones index saw a loss of nearly 3%. In the final analysis, it was observed that the U.S. stock markets did not price in the relatively positive inflation figures.
The additional tariffs imposed by U.S. President Donald Trump shook global markets. However, when Trump suspended the implementation of these tariffs for 90 days, except for China, signs of relief appeared in the markets. Global stock markets, including Borsa Istanbul, reacted positively to this situation and began to rise. However, in today's opening, while this rise was not observed in American markets, a decline was noted, which drew attention.
MARKETS DID NOT PRICE IN INFLATION DATA EITHER
The inflation figures announced today in the U.S. also came in below expectations. In March, consumer prices increased by 2.4% compared to the same period last year, which was below expectations. The core CPI, excluding energy and food, also came in at 2.8%, below the annual expectation of 3.0% for March. Consumer prices fell by 0.1% in March compared to the previous month. The core CPI increased by 0.1% in March, against an expectation of 0.2%. In March, energy prices decreased by 2.4%, while food prices increased by 0.4%. In the last table, it was observed that U.S. stock markets did not price in the relatively positive inflation figures either.