Wall Street’s troubled week ended up in a lively rise. Stock Exchanges have been nervous this week, mainly in the US -banging customs policy.
Stock prices have swung over a week as the market has been trying to keep up with Donald Trump’s customs plans. At the same time, the market has become concerned about a possible recession in the US economy.
At the end of the stock exchange week, the extensive industrial index Dow Jones rose 1.7 per cent, the S&P 500 large business index increased by 2.1 per cent and technology -focused NASDAQ 2.6 per cent.
This week, the S&P 500 stock index fell by 2.3 per cent and NASDAQ 2.4 per cent.
On Thursday, the S&P 500 stock index was less than ten percent below the February record that is considered to be a so -called repair shop. Today’s rise raised the index from an ominous area.
Nasdaq’s previous peak was seen in December and the stock index is still about 12 % below it.
Large technology companies recovered slightly from this week’s harsh invoice.
Artificial intelligence Nvidia rose 5.3 percent, electric car company Tesla 3.9 % and technology company Apple 1.8 %.
On Friday, no new trade news news was seen. Instead, the Michigan index, which measures consumer confidence, decreased more than expectations. The meter is now at its lowest since November 2022.
Next week, the Open Market Committee of the United States Central Bank will hold its meeting, which ends with its rating interest and views on the US economy. The control interest is believed to remain unchanged. The positive atmosphere in the market was increased by the Senate minority leader Chuck Schumerwho said he was not going to prevent Republican budget law.
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