While the British market was closed on Monday for the Easter holiday, American actions sold While President Donald Trump sparked criticism against the president of the Federal Reserve Jerome Powell.
Trump has become more and more critical of Powell for having pretended to maintain too high interest rates. In an article on social networks on Monday morning, Trump suggested that it was time to reduce “preventive” rates and that there was “practically no inflation”.
“With these trendy costs so well down, exactly what I had predicted that they would make, there can hardly be inflation, but there can be a slowdown in the economy unless Mr. Too late, a large loser, does not reduce interest rates, now,” Trump said on his social social media platform.
American actions plunged after Trump’s comments, with the S&P 500 (^ GSPC) will close the session on Monday down 2.4%, the NASDAQ focused on technology (^ Ixic) slide 2.6% and the industrial average Dow Jones (^ Dji) Making 2.5% in the red. Chipmaker Nvidia (Nvda) was one of the actions taken in the sale, selling 4.5% on Monday.
“Not content with making a clicking of foreign powers, national consumers and investors, the president launched another salvo on the president of the federal reserve who did lower the markets,” said Richard Hunter, market manager at Investor Investor.
“It is not clear if there is a constitutional place to withdraw the Fed chair early, but in any case, the attack does not do much to improve the reputation of the United States at a time when the validity of traditional paradise such as the dollar and treasury vouchers are questioned.”
The actions of the Tesla electric vehicle company (EV) (Tsla) also dropped on Monday, closing the session down 5.8%.
Tesla must report her First trimester results On Tuesday, after the bell, which comes when the company experienced shift sales and CEO Elon Musk faces a reaction on its political activities.
Earlier in April, Tesla reported World deliveries in the first quarter This has missed estimates far. For the quarter, Tesla scored 336,681 deliveries compared to the expectations of 390,342, according to estimates of the Bloomberg consensus, which makes it the worst quarter for deliveries since the second quarter of 2022.
Meanwhile, the demonstrators gathered in the Tesla exhibition halls around the world to demonstrate the role of Musk in the direction of the Ministry of Efficiency of the Trump Government (DOGE) and supervising the reductions of government agencies.
In the fourth quarterTesla recorded a turnover of 25.7 billion dollars (19.2 billion pounds sterling), which was much below 27.2 billion dollars expected by analysts, as well as 2% over the same period of the previous year. The profit adjusted per share of $ 0.73 was also lower than $ 0.75 expectations. For the full year, Tesla Revenues generated of $ 97.7 billionwhich was up 1% in 2023.
For the first quarter, Matt Britzman, the main analyst of Hargreaves Lansdown’s actions, said that “income should be largely stable in annual shift, with a drop in profits while Tesla went to the updated version of her best -selling car, model Y.”
Folder photo: Tesla CEO, Elon Musk, welcomes US President Donald Trump as they attend the NCAA male wrestling championships in Philadelphia, Pennsylvania, United States, March 22, 2025. Reuters / Nathan Howard / Photo of file ·Reuters / Reuters
In Europe, actions of Roche (ROG.SW) have changed little after the Swiss pharmaceutical company announced a new significant investment in the United States.
Roche said on Tuesday that it planned to invest $ 50 billion in pharmaceutical products and diagnostics in the United States over the next five years. This investment includes new research and development sites, as well as new expanded manufacturing facilities in Indiana, Pennsylvania, Massachusetts and California, as well as an additional site which will be announced soon.
Roche said this investment would create more than 12,000 new jobs and said that its new and enlarged manufacturing capacity will be put online, this would mean that the company will export more drugs in the United States that it does not matter.
This decision comes in the midst of concerns about Trump’s plans to impose prices on imports of pharmaceutical products in the United States, the president having warned earlier this month that the functions would be announced “very soon”.
Tuesday, another European pharmaceutical giant was Novo Nordisk (Novo-b.co), with its shares down 7.4% in the morning trade.
It came after Rival Eli Lilly (Lly) published the positive results of his phase three trial on Thursday of a weight loss pill. Eli Lilly said that his Orforglipron pill has demonstrated statistically significant efficacy results and a safety profile in accordance with injectable GLP-1 drugs in his trial.
David A. Ricks, President and CEO of Ely Lilly, said: “As a pill once practical daily, Orforglipron can provide a new option and, if approved, could be easily manufactured and launched on a large scale for people around the world.”
The positive results of the trials seemed to have aroused concern among investors that such treatment could constitute a threat to the market share of injectable weight loss treatments by Novo Nordisk Ozempic and Wegovy.
On the British market, the minor of precious metals Fresnillo was the largest rising column of the FTSE 100 (^ Ftse), climbing almost 3% Tuesday morning.
This came while gold prices have reached new heights, briefly exceeding $ 3,500 per ounce, before holding back.
Investors clashed in gold in the middle of uncertainty on Trump’s fast tariff program. The president’s criticism with regard to the president of the Fed Powell seems to be the last concern leading investors to gold, which is considered an asset of refuge.
Russ Mold, director of investments at AJ Bell (AJB.L), said: “If the administration is able or willing to continue its threat to the president of the Fed, Jerome Powell, before his mandate was increased next year, this could cause an even higher reaction to the midst of fears concerning the implications for inflation.
“The American currency and government debt are often a safe refuge during the market turbulence, but, with America the source of a large part of recent volatility, investors have sought another obvious port in the storm, gold, in large numbers.”
