Wall Street indicators draw minor profits before announcing the results of "Invidia"
US stocks recorded limited profits on Tuesday, powered by the rise of ‘Invidia’ share before the results were issued on Wednesday, while traders continued to evaluate President Donald Trump’s decision to reject a federal reserve governor. The S&B 500 index rose 0.4%, and only achieved profits in eight sessions, and the index remained close to a record level. The “Nasdaq 100” index also rose 0.4% thanks to the gains of “Aploven”. The share “Invidia” rose 1.1%, while an index “The Seven Great” (Apple, Enfeda, Amazon, Alphabet, Meta, Microsoft, Tesla) rose 0.4%. In terms of individual stocks, Eli Lily has the list of best performance on S&B 500 with a rise of about 6% above, after the experimental pills to treat obesity, patients have lost 9.6% of their weight in a clinical trial that increases the chances of getting approval. As for “Kyariig Dr. Bieber”, it was the worst achievement, with a fall in 6.9% after a 11.5% fall Monday, after announcing an agreement to buy the Dutch company “JDE Pete’s” for tea and coffee for 18 billion dollars. Traders are now looking for the results of “Invidia” and the most important inflation report, which will be released later this week for the further deepening of the euphoria of artificial intelligence that has raised shares to record levels thanks to the profit growth capabilities, as well as reducing interest rates. Trump is a member of the Federal Council in an unprecedented step, and Trump rejected Lisa Cook, a member of the Federal Reserve, after allegations of the forgery of real estate relationship documents. There were no charges, and the move is likely to face legal challenges, but it has caused investors’ concerns about the future of monetary policy. Michael Ferrol, the US chief economist at JP Morgan Cip, said Trump’s success in this would create a second vacant in the council in less than a month, which could possibly reform him, “but it is unclear whether he will succeed to isolate Cook.” Economic indicators and economic defense movements fell slightly in August, as Americans’ concerns about jobs have increased. On the other hand, investment device orders increased more in July than expected, suggesting that businesses continue their investment plans with some doubts associated with commercial and tax policies. The shares of defense companies also rose to US Minister of Trade Howard Lootnick, pointed out that the government is considering buying shares in the sector businesses. Lockheed Martin’s shares rose 1.7% and Northrop Gruman 1.1%, while RTX and General Dynamics advanced. Commercial and technological developments Trump has threatened to impose customs and new export restrictions on advanced technology and semi -conductors, in response to digital services targeting US technology companies in other countries. Advanz Micro Device jumped 2% after announcing a partnership with IBM in quantitative computer science. The “Simplek” shares also rose 15% after announcing the quarterly results that exceeded expectations, and to meet expectations that are compatible with the market estimates. The ‘Entertainment Brockers’ shares rose 0.9% after the’ S & Bo Jones’ announcement that the company would join the ‘S&B 500’ on August 28, on August 28, to replace ‘and Greens collide. On the other hand, the ‘Ecostar’ shares thrown 70% to the ‘AT&T’ agreement to buy the hesitant spectrum of the company for about $ 23 billion, while the “olmelex” of the company decreased 5.2% after announcing the acquisition of US “Porvala biosins” working in biotechnology.