American actions climbed Thursday, led by the Nasdaq, while the optimistic benefits of Microsoft and Meta reassured investors who were wary of the economic impact of President Trump’s escalation with the trade war with China.
The NASDAQ composite index closed near the session, but has still increased by 1.52% during the day, reinforced by a gain of 7.6% in Microsoft shares and an increase of 4.2% of the meta.
The two companies displayed stronger than expected quarterly profits on Wednesday, relieving concerns that prices and global uncertainty could lead to the drop in AI, Cloud and Big Tech advertising revenues.
The S&P 500 also abandoned a lot of earnings but still increased by 0.63%1.1%, while the industrial average of Dow Jones added 0.21%, marking its longest sequence of victories of the year. The markets have largely reacted positively despite signs of slowing growth.
Unemployed weekly complaints reached a two -month summit, and American GDP contracted in the first quarter, increasing the expectations of a lower labor market before Friday report.
The market turns to Apple and Amazon
Investors are now watching for Apple and Amazon benefits, which report after the fence. The two companies are faced with opposite winds of the White House trade policies.
Amazon recently assured that it would not transmit tariff costs for consumers, while Apple pushes to keep the production of iPhone from China.
Meanwhile, McDonald’s cited the lower consumer demand and the pressure of prices in its first quarter miss, sliding American sales and down 2%actions.
On the geopolitical front, Beijing said Washington could try to restart commercial talks, although the Trump administration insists that China must first act.
A new series of commercial transactions could be imminent, according to White House sources.
