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Major Indexes Rose as Investors Mostly Shrug Off Tariff Threats to Brazil (WSJ. 202507010)
U.S. stock indexes rose as investors mostly shrugged off President Trump's latest tariffs targeting Brazil. The Dow Jones Industrial Average gained 192 points to close at 44,651. The S&P added 17 points, and the Nasdaq rose 19 points; both the S&P and Nasdaq closed at new record highs thanks, in part, to Nvidia, which also hit a new record high after becoming the world's first $4 trillion company. Shares in the chip maker rose three-quarters of a percent. Among the many trade messages issued to foreign leaders this week, the new 50% levy on Brazilian imports to the U.S. was the highest. Trump also criticized Brazil's legal actions against former president Jair Bolsonaro, as well as U.S. tech companies. The country's current president said his government would reciprocate but didn't give details. Elsewhere in the market, copper futures rose about two and a half percent after Trump said the U.S. will impose a 50% tariff on the metal at the beginning of August, and mining company Freeport-McMoRan rallied three and a half percent. Among other individual companies, shares of WK Kellogg surged 30.6% after Nutella maker Ferrero struck a roughly $3 billion deal to buy the iconic breakfast cereal company. Stock in rare earth miner MP Materials jumped after the U.S. Defense Department said it will take a 15% stake in the company. Shares rose 50.6%. And shares of cryptocurrency exchange operator Coinbase rose 4% as Bitcoin added to its record high hit Wednesday.
트럼프의 브라질에 대한 관세 발표에 시장이 무덤덤하게 대응하며 주요 증시가 상승함. 사상 최초 4조 달러 시총을 기록한 Nvidia 덕분에 S&P 그리고 Nasdaq도 사상 최고치를 기록함. Nvidia 주가도 상승함. 미국이 여러 국가에 관세를 발표한 가운데 브라질에 대한 50% 관세가 최고 수준임. 트럼프는 브라질 정부의 전 대통령 및 미국 기술 기업에 대한 법적 조치를 비판함. 브라질 정부는 미국 관세에 대해 맞대응할 것이라고 함. 한편, 트럼프가 구리 수입에도 50% 관세를 부과할 것이라고 발표하면서 구리 선물 가격이 상승함. 광산 기업 Freeport-McMoRan 주가가 상승함. 한편, 초콜렛 기업 Ferrero가 시리얼 기업 WK Kellogg을 30억 달러에 인수한다는 소식에 WK Kellogg 주가가 30.6% 상승함. 또한 국방부가 MP Materials의 지분 15%를 보유한다는 소식에 MP Materials 주가가 50.6% 상승함. 비트코인 가격이 사상 최고치를 기록하며 암호화폐 거래소 Coinbase 주가가 4% 상승함