- The stock markets rose for the fourth consecutive day Technology companies have also seen investor gains and interpretation of President Donald Trump’s comments on Friday on customs tariff negotiations.
The stock markets rose a little on Friday, against the background of the gains in technology shares, such as the alphabet and Nafidia In addition to conflicting messages by President Donald Trump on customs duties. The S& P 500 index increased by 0.75 %, Dow Jones was flat, and technical heavy Nasdak 1.25 % jump. The height rises from a positive week for markets. S&P 500 rises by 5.6 % from Monday morning.
On Thursday, Alphabet, the parent company of the search giant Googleand Defeat Analysts predictions for the first quarter and grow their higher line on an annual basis in the first quarter by 12 % to 90.2 billion dollars. From the market closed Thursday to Friday afternoon, its shares rose by 1.5 %. AI NVIDIA chip maker has witnessed a 4.3 % larger jump He said Thursday that the technology giant has not witnessed a decline in demand for its chips.
At the same time, in a large -scale interview with time Trump was published on Friday, Trump promised potential relief to investors when he said he had concluded “200 deals” on the definitions. He refused to say any countries and promised that the initial negotiations would end within three to four weeks.
On the contrary, in what could be a declining signal for global markets, he stated that it considers it a “complete victory” if the tariff for foreign imports is between 20 % and 50 % in one year.
The small Friday increase in the stock market follows three days of positive jumps, as the markets are looking to restore their losses after Trump. “Editing DayOn April 2, the President revealed a 10 % base tax on exports of all countries and targeted China through corrections of definitions, which Crowned In 145 % tax on Chinese exports. Trump’s tariff plan pushed the market to the tank amid investor fears of a comprehensive trade war.
Xi Jinping, President of China, against the United States has been mutual definitions, and Trump since then broadcast The taxes against China “will significantly decrease.” In his interview with time, Trump said he was in contact with Shi. Chinese officials, however, have repeatedly to reject They were in negotiations with the Trump administration, although they recently Exempt Some American imports of their reprisals.
The markets closely followed Trump’s comments on the Federal Reserve, the US Central Bank. The president has again and again criticize Jerome Powell, Chairman of the Federal Reserve, not to reduce interest rates quickly enough. Trump’s criticism reached a boiling point when Proposal Last week, he had thought about shooting Powell and undermined the Federal Reserve Independence for a long time from the executive authority. Since then, the forty -seventh president has retreated his speech He said He had no “intention” to launch the Federal Reserve Chair.
This story was originally shown on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2211013874-e1745610300684.jpg?resize=1200,600
Source link