US President Donald Trump’s advisor, Eileon Musk, interacts on a gathering day to support the candidate for the conservative state in the April 1 elections in Green Bay, Wisconsin, on March 30, 2025.
Vincent dairy Reuters
Technology shares were distinguished in volatile trading on Monday, as President Donald Trump stood alongside comprehensive global tariff plans after last week The devastating sale.
appleand Microsoft and Timing Today, with declines, with a decrease in apples about 4 %. alphabetand Amazonand Dead and Nafidia All gains were published. The stocks temporarily jumped on speculation of possible delay in definitions, but the White House later Discussion of refusal Temporary stop.
The technology sector starts from a brutal week. The wonderful seven shares are more collectively fell $ 1.8 trillion in market value During a two -day sale, while Nasdak She recorded its worst week since the Covid-19s attack and entered the bear market.
Trump A company held On his aggressive global tariff plans during the weekend, with a 10 % initial tariff, which comes into effect on Saturday. Wall Street was hoping for progress in negotiations between the administration and other countries or news about a possible delay in the mutual definitions scheduled for April 9.
The plan has already received a widespread violent reaction in American companies. Jpmorgan Chase CEO Jimmy Damon said Monday The new fees will raise prices on local and imported goods and pressure to slow down the American economy. Many car companies have Already A A pause in shipmentsHigh prices and other measures. Commercial groups also warned of High prices in grocery stores and High on electronics Like personal computers.
“I don’t want anything to decrease, but sometimes you have to take the medicine to fix something,” Trump He told reporters On board Air Force One on Sunday night, which reduced the work of the last market collapse.
Other technology shares are looking to build on the pain of last week. Oracle Moving about 1 % less. Palantir Technologies About 11 % slipped, but increased by 5 % by the end of the trading session on Monday.
Some semiconductor shares also faced the investors as anxious due to the destruction of the potential demand caused by definitions. Advanced small devices and Intel 2.5 % and 1.4 % decreased, respectively.
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