Technology businesses compensate Wall Street losses this year

The increase in the shares of the largest technology companies in the world has wiped out the losses of the US stock market recorded this year, amid bets that the tensions associated with trade war began to fall by US President Donald Trump, and with the issuance of inflation data that have shown limited consequences so far. The shares have risen to their highest levels since February, the month in which the S&B 500 reached its historical high. The index jumped with a rate of about 1%, with the shares of the chips companies achieving the list of profits, as “Envenia” and “Advanced Micro Device” semiconductor will offer the Saudi -“Humen” business as part of a major project for data centers. Treasury bonds have canceled their previous profits, amid speculation that the Federal Reserve will remain unchanged, pending the possible effects of customs tariffs. The dollar has fallen. The decrease in trading tensions, in addition to a sudden profit season, has contributed to improving optimism after a period of doubt on the ability of major US businesses to meet the expectations of high profits. “The stock market will rise a lot,” Trump said, referring to an “explosion in investment and work,” declares that Saudi Arabia will meet the investment of a trillion dollar in the United States. The Trump administration plans to restructure the regulatory rules for performing semiconductors used in artificial intelligence, and abandon the approach used by the Joe Biden administration, which caused strong objections from the allies of America. The United States is also studying an agreement that enables the UAE to import more than a million advanced chips from “invitation”, according to people who are familiar with the matter. Investors are being forced to pursue the rise of the market after missing the Gulf of Ascension last month, it seems that investors at the end of the week appear to be forced to catch the shares that were lit by the commercial ceasefire between America and China at the end of the week, according to the Bank of America analysts. A poll held in front of the trade conversations in Geneva showed that the fund managers hold centers less than the usual rates in US stocks, which is the highest percentage in two years. Michael Hartnet, a strategic analyst at Bank of America, wrote that the results of the survey “are prone to pessimism enough to indicate that the wave of Ascension can continue” because the agreement between America and China will prevent the economy from entering a recession or a shock in credit markets. The S&B 500 index rose 0.7%, and the Nasdaq 100 index rose 1.6%, while the Dow Jones Industrial Index lost 0.6%. The semiconductor chips index rose 3.1%. The “Seven Greats” index (Apple, Alphabet, Entepia, Amazon, Meta, Microsoft, Tesla) added 2.2%. Treasury effects for ten years have risen one basis point to 4.48%. While the ‘Bloomberg Instant Dollars’ index fell 0.7%. Inflation data and growth expectations drive Wall Street to climb inflation in the United States with less than April, amid relatively stable prices for clothing and new cars, which suggests that businesses do not feel the urgent need to transfer the cost of high customs duties to consumers. The temporary agreement reached by China during the weekend reduced expectations about the size of the economic damage that the fees could cause. JP Morgan Chase has increased its forecast for the growth of the US economy and abandoned its previous warning that the economy could fall into stagnation during 2025. Although financial derivative contracts are still extended by a quarter percentage point for every reduction in federal interest rates this year, many large Wall Street banks expected it to reduce interest rate this week, which is a later date for the time he expected. “Like the Federal Reserve, investors are likely to condone today’s report, because the possibilities to achieve commercial transactions and details of the budget settling process in the coming weeks more influence on shares,” investors said, because the chances of reaching commercial transactions and the details of the budget process are more effective in the coming weeks, ” Reports, support the budget of budget budget budget. Trump exploited the inflation report to renew his pressure on Federal Reserve President Jerome Powell to lower interest rates. He wrote in a post on social media: “Don’t enlarge, petrol prices, energy, food, almost everything, have dropped !!! The commercial ceasefire with China, which increased the shares, urged some technical analysts to expect to reach new standard levels of the S&B 500.” Analyst at Macro Ricc Advisers, said. This increases the chances that future declines lead to more demand or purchase. It changes your strategy and sends a sign that the market has come out of the falling market. “Analysts review their estimates with improving profits. The negative momentum of profit growth, which was eventually backed up on US shares for months. Intelligence was issued, 77%of the S&B 500 businesses surprised by delivering better results than expected in the first quarter, which is the highest percentage since the second quarter of last year. Expectations for the S&B 500, after Trump announced the imposition of new customs tariffs, which caused a violent sales wave shares. In Wall Street, and David Costin of “Goldman Sachs”, who both expected the index this week to rise to more than 6,000 points by December, after being one of the first to reduce their expectations during the April sales wave that coincided with Trump’s announcement of customs duties. Due to the corona pandemic. to maintain strategic award to US shares, “he wrote in a note, adding that uncertainty is still great, and investors will soon convert to the possibility of reaching a permanent trade agreement.