Technology stocks lead the Wall Street indicators with the return of the appetite for risk
The shares of technology companies led the profits of US equity indicators on Tuesday, after President Donald Trump confirmed his confidence in Israel and Iran’s commitment to a ceasefire, while the re -disposals to Federal Reserve President Jerome Powell hope for a close reduction in interest rates. The “Nasdaq 100” index rose 1.5%, which recorded the first closure at a record level since February 19 in New York, while the “S&B 500” index rose 1.1%, which ended the session in a dimension of a record level. Oil prices folded with the fear of the failure of supplies, with indications of conflict to move to the ceasefire. Trump pushes the two sides to hold on to the truce. It seems that Israel and Iran were committed to the sudden shooting agreement by Trump late at night, after the US president expressed his anger over reports that talked about early violations of the agreement of both sides. Israeli Prime Minister Benjamin Netanyahu’s office said that the latter agreed to stop performing extra strikes, after a call with Trump Tuesday. Mattly Mali, the main strategy of the Miller Tobacco market, said with reference to the street of hormuz, which is most important for oil: “Despite the ceasefire that has already taken place, the chances of closing the street of hormuz have decreased significantly.” He added: “As Ru prices fall, investors still feel comfortable with the situation in the Middle East.” Powell gives an indication of a possible reduction in the interest in the meantime, Federal Reserve chairman Jerome Powell reported to the lawmakers that the central bank is not in a hurry to reduce interest rates, at a time when officials are more clarity on the economic impact of Trump’s duties, but he said that there are many possible scenarios, and Interest rate can be, it will continue soon. Powell’s certificate comes before the Financial Services Committee in the House of Representatives following the federal decision last week to keep interest rates unchanged within the area of 4.25% to 4.5%. Chris Bregani, the investment manager at SWBC, said a greater appetite for the risk and the return of the focus on the basic factors: “This breakthrough leads to investors being more comfortable to trade the risks in the stock market.” He added: “With the decrease in tension in the Middle East, the focus will return to basic issues such as customs duties, profits, federal deficit and the Great Trump legislative project, known as the ‘beautiful, single, single bill’.” The equity investors raised their new bets on the climb and covered their open centers last week, according to data from the “Set Group” boxes collected. A team led by Chris Montago said that the concentration of investors in all US stock indicators is in the pure buying box, while their concentration in small shares is near the extended levels. Montago and his team wrote in a memo on June 23 that the intermediate concentration in the S&B 500 index on the long -term average, which “indicates that investors can still be on the margin.” The purchase strategies when dropping is in the meantime are gaining momentum, strategies in Wall Street are insisting their clients to stay calm in the face of short -term news fluctuations, and to buy shares. Paul Christopher of “Wales Vargo Investment Intemotiot”, Wissam Stoval of CFRA Research, indicates that investors in the long run increase their exposure to the shares of IT, telecommunications and financial sector. Dennis Deboser is elected from “22 in reserve”, growth and momentum shares. Movements in individual stocks and sectors at the level of companies, the “Uber Technologies” share, as the company has announced that it will start giving ’emo’ journey to its customers in Atlanta, to be the second city after Austin in which the two businesses work together instead of competition. The share of Teldok Health increased after Cetourne Research said the market did not adequately estimate the value of the virtual health care platform. At the level of the sectors, the shares of airlines around the world jumped with optimism with the possibility of turmoil in the airspace of the Middle East to the ceasefire between Israel and Iran. The shares of companies associated with cryptocurrencies have increased in collaboration with the rise of “bitcoin” amid a greater appetite for risk, while energy stocks have fallen by low oil prices.