According to the OECD President Donald Trump’s import duties will also hit the US economy hard. The largest economy in the world is therefore expected to grow by only 1.6%this year. Earlier, the OECD still counted on a growth of 2.2%. In 2026, the growth of the US economy will further slow to 1.5%. Last year there was a growth of 2.8% in the US.
Dollar General Belongs to the outblinkers in New York. The chain of bargain stores shoots 15.5% after the quarterly figures. Constellation Energy Makes a price jump of more than 5.5%. Investors are pleased with the announcement that Facebook owner Meta Platforms (-0.5%) has concluded an agreement to buy nuclear energy from the energy producer in the coming years.
Investors in the US are also waiting for developments around it Trump trade policy. According to American media, Trump will probably talk this week with Chinese President Xi Jinping about the trade conflict between the two economic superpowers. That message provided some relief on Wall Street on Monday.