The shares were widely closed on Monday amid hopes at Wall Street that the Trump administration will take a more targeted approach because it provokes a new round of tariffs on imported goods next week.
S & P 500 1.8 % jump. The index was starting in its first week after losing four weeks.
The Dow Jones industrial average increased by 1.4 %, and the NASDAC boat closed by 2.3 %.
“The market was ready to respond well if the administration retreated to some of the tariffs threats or even provided stairs for tensions, and this is a kind of what we see here,” said Ross Mayfield, the investment strategy in Bird.
Despite the gains, the S&P 500 % has lost 1.9 % so far this year due to fears that the trade war can hinder economic growth and increase inflationary pressures.
Wall Street still focuses on how definitions ultimately affect inflation, consumer spending and economic growth. The stocks were riding waves of hope and anxiety when announcing the customs tariff, then they were implemented or pulled. A new round of definitions to be implemented April 2 It can also be softened or postponed instead of applying.
Trump was somewhat guarded by his plans for definitions, saying on Monday that although he wanted to impose “mutual” prices – import taxes to suit the prices that other countries receive – that “we may be more beautiful than that.”
“It is still possible to see the extensive definitions and the size of the accurate definitions, and there is a cycle of escalation of the nipples in exchange for those possible also in the weeks that follow the advertisement, which may lead to more market fluctuations attacks,” said Ulrick Hoffman Berhardi, Senior Global Investment Office in Global Wealth Management.
On Monday, the gains were wide, with 84 % of the shares inside the S&P 500 ended up. Almost every sector inside the index rose.
Technological stocks helped driving the road. The sector was the driving force behind many of the broader markets movement, whether up or down. The stocks are among the most stocks in Wall Street and tend to have a significant impact on the wider market direction.
NVIDIA 3.2 % increased and Apple added 1.1 %.
Tesla increased by 11.9 % for the largest gains among the S&P 500 shares. The electric vehicle maker still decreased about 31 % for this year. He was struggling with fears that customers were suspended by the leading efforts of CEO Elon Musk to reduce spending by the US government.
The 23andme Test Test Company lost more than half its value after it announced during the weekend that it had started voluntary bankruptcy procedures.
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