Wall Street’s futures futures rise after the exemption

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Futures indicated a technology gathering when global markets in Asia opened on Monday for the first time since the United States succeeded in smartphones and other consumer electronics from the most severe definitions against China.

Futures that follow the NASDAQ 100 Index technology increased by 1.4 percent, even with the Trump administration signal There can still be fees for these goods in the coming months. Contracts followed by the S& P 500 index in the advanced Wall Street by 1 percent. The trading volume is usually early in the Asian morning, which may exacerbate price fluctuations.

Traders expected more fluctuations with the start of the profit season in the United States this week, as dozens of public companies are preparing to report numbers and directives for the rest of the year after the weekend when executive officials struggled to distinguish the Trump administration plans.

A notice from the customs and bombs of Patrol on Friday night showed that smartphones will be Exempt Of the 125 percent mutual tariff, the tariff was imposed on Chinese goods last week, but President Donald Trump said on Sunday they will be included in the wider review From the “entire electronics supply chain”.

“It is listed in a semiconductor tariff, which will likely come for a month or two,” said Huard Lottenic, Minister of Commerce, on the excluded elements.

“He will doubt a large crowd of relief,” said Peter Chore, head of the kidney strategy at the Securities Academy, adding that he would question a large crowd of relief, “

He said: “The policy comes out that the market was hoping to get a march, but then everyone realizes that we have greater problems.”

I have endured the markets more Trading Since the appearance of Covid-19 a week and a half since Trump has announced a 10 percent tariff for most goods from countries around the world and a much higher luxury on the largest sources of imports for the United States. These additional fees were stopped in most countries last Wednesday after they were in place only 13 hours, which prompted the largest height for one day in S&P 500 since 2008, but Trump raised the so -called mutual tariff on Chinese goods To 125 percent.

Technology companies, which are greatly exposed to supply chains, have witnessed some of the fiercest fluctuations. Apple, an iPhone, lost a quarter of its value, about 775 billion dollars, before recovering half of the losses.

Mike Hall, Managing Director of the Alvarez & Marsal consulting group, said that the list of exceptions on Friday had sent companies to update models on the potential impact.

“At the level of management, it’s daily,” said Hall. “There are about 150 companies that enter investors over the next two weeks in the S&P 500, and they will all be asked on the same question: What do you know today, and what is the effect? ​​The clarity is what your investors are looking for.”