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On Friday, the shares revived days after the decreases that prompted the S&P 500 to the correction territory after the Democrats of the Senate chose not to prevent the StopGAP government, which reduces uncertainty. In addition, President Donald Trump did not rise his trade war today.
The S&P 500 closed by 2.1 %, with NASDAQ Composite 2.6 % and Dow Jones Industrial average 674 points, or 1.65 %. All wonderful 7 -acquired technical stocks. Consumer gains from the University of Michigan briefly did not read consumer confidence from the University of Michigan shortly.
The markets, which were criticized by President Donald Trump’s plans, got a batch after Congress made to avoid a The government closing. Senate leader Chuck Schumer, a Democrat in New York, said he would vote to keep the government open, Carving For members of his party to join the Republicans and pass a six -month spending bill before the deadline looming on the horizon on Friday.
“You have to make these decisions based on what is better not only for your party but your country,” Schomer told reporters.
The S&P 500 index fell by more than 10 % of its last peak, as it officially entered the correction area on Thursday. It was the fastest transformation into a correction since the six days trading at the beginning of the COVID in March 2020, according to it Baron. Nasdaq and Dow have decreased about 4 % over the past few days.
“We are not very surprised about the fluctuations of this size,” Mike Renewits, Vice President of Glenmeed, said in the investment strategy. “It is not the same definitions that have been proposed only, but the uncertainty that there can be additional or lower brackets.”
The Trump administration may deal with another blow next month when it imposes a “mutual” tariff, as this is likely to fall on countries including Vietnam, India and Indonesia alternatives to China as sources of low -cost commodities.
Nvidia (Nvda+4.51 %It gained 5.3 % on Friday after making Hun Hai accuracy, based in Taiwan (Hnhpf+6.19 %He said he looked at him Do not slow down in the request As for the servers it brings to NVIDIA and expects the request to Amnesty International to double this quarter, Bloomberg said. AdRS Hun Hi 5.6 % increased.
Olta (Olta+13.32 %The shares gained 14 % after the retail dealer informed cosmetics for the results of the fourth quarter better than expected-despite being dropped for the current period that is less than analysts’ expectations. Docusign (Docu+14.11 %He jumped by 15 % after winning the fourth quarter profits for the fourth quarter on the stock expectations.
CK Hutchison’s (CKHUY-5.48 %ADRS decreased by 5.4 % after China used the state -controlled media to indicate its dissatisfaction with the planned ports planning in Panama to Blackrock (BLK+2.77 %Group, I reported wsj. Li Otto (for me-4.49 %ADRS decreased by 4.4 % after the Chinese maker said that its revenues would decrease this quarter.
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