Trading in the US stock market began to rise as the market melted the weekend news from the Trade War.
US president Donald Trump Late on Friday, said local time to alleviate certain electronics products for consumers.
Later, he specified that this was a temporary measure. Based on comments from Bloomberg’s analysts, some think that even a temporary break communicates Trump is willing to compromise.
The Stoxx Europe 500, followed by 500 large shares in the US, was 1.8 percent higher at the start of Friday’s decision on Monday.
Nasdaq, which emphasizes technology shares, was 2.4 % and the Dow Jones, followed by thirty companies, was increasing by 1.3 percent.
Known for their mobile phones and computers Apple was 6.4 % rising in $ 210.77. Many other well -known technology companies are also upward. For example Nvidian The share was $ 2.1 per cent at $ 113.26.
Mitsubishi UFJ Financial Group Director of International Market Research Derek Halpenny He stated to Bloomberg that consumer electronics is one of the largest groups of China’s overall imports to the United States.
According to him, customs relief greatly facilitates companies such as Apple, whose iPhone phones are produced and collected in China.
“However, this does not help to restore investors’ confidence,” Halpenny said what many other professionals following the market have also warned.
Goldman Sachs and Intel will rise
Investment bank Goldman Sachs Report today in January-March. The company’s net sales increased to $ 15.1 billion from $ 13.9 billion of the previous year and increased by $ 4.7 billion from $ 4.1 billion.
The bank’s share looked at $ 2.3 per cent in $ 506.45.
Semiconductor Intel announced that it sells 51 % Alternate Silver Lake Managementille With $ 8.75 billion casting. Intel will have 49 % of the company.
According to Bloomberg, Intel paid $ 16.7 billion in Altera in 2015. Altera focuses on versatile microchips that are mainly used in telecommunications networks.
Intel said last year that he intended to sell the share of Altera as part of a wider plan to turn around his business to succeed in the competition, for example Nvidia against.
The new CEO of the company Lip-This Tan has not specified which Intel parts are no longer so central to the company’s future.
“Today’s announcement tells us about our commitment to refine our focus. The decision to reduce our cost structure and strengthen our balance sheet,” Tan said.
Intel’s share was $ 4.0 percent rising at $ 20.54.
Pharmaceutical company Pfizer Today, he said he would stop developing their diet drugs, justifying the decision by the potential liver damage caused by the use of the drug.
For the development of diet drugs Ie lillyn The share was 1.1 percent rising and the Danish -known dietary diet drugs Novo Nordiskin The share was 4.7 % rising.