Wall Street Moves Balanced – Investors Remain Cautious

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On Monday, US (US) Wall Street stocks experienced a balanced movement after a similar situation last week.


Among the factors, all three major indexes were uncertain because US President Donald Trump imposed tariffs to correct trade imbalances.


The Dow Jones Index fell 1.3%, the S&P 500 rose 0.1% while the technology-focused Nasdaq declined 0.1%.


Furthermore, the fall in the main index was supported by US health insurer Unitedhealth Group (NYSE:UNH) which recorded a large loss when its shares fell 22% due to insurance liabilities.


The US stock market was closed last Friday in conjunction with the Good Friday holiday, which was also the main reason for the slow movement of the index.


This situation added to investor concerns because the tariffs imposed by Trump often changed throughout negotiations with other countries, although some import levies have been stopped.


However, the US is still experiencing a major trade war with the Republic of China without a solution despite Trump's intention to hold amicable negotiations.


Investors hope that earnings season can calm the market and bring the economy back under control due to Trump's tariffs in order to resume investment activity.

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