Los Wall Street’s main indices recovered on Tuesday after the sharp fall of the previous session, driven by the rally in technology stocks, led by Advanced Micro Devices (AMD). Growing uncertainty over global trade and fears of potential disruption from the advancement of artificial intelligence had dampened sentiment on Monday, sinking all three major benchmark indices.
In this context, the Dow Jones Industrials went up a 0,76% until the 49,174.81 points; he S&P 500 advanced a 0,78% a 6,891.04 units and the Nasdaq Composite was appreciated a 1,05%until the 22,863.68 points.
FedEx leads lawsuit for tariff refunds
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The markets remain attentive to the future of global trade after the entry into force of the new trade tariffs promoted by the president of the United States, Donald Trumpwhich set a level of 10% since midnight on Tuesday, after the ruling of the Supreme Court that annulled the so-called “reciprocal” liens.
The 10% tariff was communicated through the company’s messaging service. US Customs and Border Protection and is lower than 15% announced by Trump over the weekend.
However, the White House is working on issuing a formal order to raise the rate to 15%, as reported Bloomberg News.
In this framework of uncertainty about Trump’s trade agenda, doubts also arise about the future of the bilateral agreements that his administration had negotiated with different partners. Faced with reports that some countries could reevaluate these agreements after the court ruling, Trump warned on social networks not to take advantage of the situation.
To add pressure, FedEx (+0,6%) filed a lawsuit against the US government on Monday, requesting a “full refund” for emergency fees paid during the last year.
It is the first company to claim refunds after the Supreme Court decision, and joins other companies that are legally challenging the tariff policy. The ruling did not clarify what will happen to the revenue collected from the declared illegal tariffs, which are estimated at more than u$s160,000 million.
wall street markets bags usa
Reuters
Technological rebound and outstanding results
Calm returned to the technology sector after the panic generated on Monday by a report from Citrini Researchin a context in which several large companies advance with new alliances linked to AI.
The actions of AMD they climbed 8,7% after announcing the extension of its agreement with Meta Platforms (+0,3%)Facebook’s parent company, to supply chips for infrastructure artificial intelligence.
For their part, some software firms advanced after a wave of deals linked to AI tools from Anthropic. In particular, Thomson Reuters registered an increase close to 12%.
In terms of balances, Tuesday’s calendar was headed by Home Depot (+2%). The world’s largest home goods retailer reported an unexpected rise in its comparable quarterly sales.
Its CEO, Ted Deckernoted that, discounting the impact of the storms, underlying demand remained “relatively stable” during 2025.
Now, the market’s focus shifts to the quarterly results of Nvidia (+0,7%)which will be published on Wednesday. The world’s most valuable company is considered a key thermometer of AI demand and is expected to post solid year-over-year earnings growth.
Experts warn that investment in AI could be a bubble
The computing and artificial intelligence specialist Stuart Russell warned in Paris that the boom in popularity and investment in AI—which he estimates “multiple trillions of euros and dollars”— constitutes “a bubble that will burst”with a probability of 75%.
During the convention of the International Association for Safe and Ethical Artificial Intelligence (IASEAI)held at the headquarters of the UnescoRussell argued that “The current capabilities of AI do not justify the level of investment achieved”.
“We don’t fully understand how these systems work, so we can’t guarantee that they do exactly what we want or prevent them from violating moral or liability codes.”he added.
Along the same lines, the president and general secretary of the Future of Life Institute, Anthony Aguirrewarned that there could be a gap between the real capabilities of AI and the expected pace of adoption, which could leave large investors without financial support and cause “a financial crash”.
“The extraordinary level of investment is not explained because people pay ChatGPT subscriptions for $20, but because AI is presented as a replacement for a good part of the workforce.”he explained.
And he concluded: “If politicians are told that workers will not be replaced, but investors are promised exactly that, then someone is being deceived.”
Tensions in Asia, Europe and escalation in the Middle East
This Tuesday it was known that China included in his export control “blacklist” to 20 Japanese entities and strengthened scrutiny of several other companies, indicating that Beijing will not give up in his campaign pressure against the Japanese governmenteven after the recent victory of the prime minister Sanae Takaichiwho recently stated that Japan could intervene militarily in any attack on Taiwan.
On the other hand, Donald Trump bet on one last diplomatic negotiation with Iran to avoid a military offensive what can shake the global stage. In this sense, Iran has put its Armed forces on high alert for the possibility of an attack USAaccording to The New York Times. Tehran deployed missiles, reinforced the Persian Gulf and activated a succession plan to guarantee the continuity of the regime.
At the commercial level, an evaluation of the European Union concluded that Trump’s new tariff policy will increase taxes on some exports from the regional bloc, such as cheese and some agricultural products, above the level allowed in your trade agreement.