The American stock market ended with profits per week, thanks the technology companies, which helped eclipse the fears generated by the application of tariffs.
The Dow Jones industrial index rose 0.47% AA 44,175.61 units, the S&P 500 won 0.78% to 6,389.45 points and the Nasdaq Composite technological indicator advanced 0.98% to 21,450.02 integers, its highest level in history.
The companies of the Technological Branch promoted the profits of the indices of the Tecnológico del S&P 500 and the Nasdaq. For example, the iphone manufacturer’s actions rose 13% in the week, the best since July 2020, after announcing plans to invest 600,000 million dollars for four years in the United States in an attempt to appease President Donald J. Trump.
At the end of the week, Dow Jones rose 1.35%, while Nasdaq advanced 3.87%, the S&P500 won 2.43%, being for the latter its best week since May.
Investors also assimilated a restructured commercial scenario after the expiration of the term imposed by President Trump so that countries reach agreements on tariffs, which triggered the imposition of higher tariffs on dozens of countries around the world.
Banorte analysts indicated that the market received with optimism the possible truce between Russia and Ukraine, in addition to the good reports of technology companies, showing the good feeling that exists in the market with artificial intelligence.
Some of the highest include 41% for Syria and 40% for Laos and Myanmar. On Thursday, the president of the United States, Donald J. Trump, announced the appointment of Stephen Miran, president of the Council of Economic Advisors, to replace Adriana Kugler at the Board of Governors of the Federal Reserve. They look will complete the mandate of Kugler, who expires in January, after his resignation.
Good weekly rebound
The Mexican stock market stopped three days of profits, while investors made some opportunity purchases in a global challenging commercial environment for US tariffs.
The main index of the Mexican Stock Exchange, the S&P/BMV IPC, lost 0.33% AA 58,070.17 points, while the FTSE-Biva, of the Institutional Stock Exchange dropped 0.29% to 1,166.77 integers. Despite the descent, both closed the week with 2%profits, being their greatest performance since the end of June.
Investors continued to weigh the protectionist position of the United States with some nations of the world, since with Mexico it has been more monthurated by giving an extension of 90 days. “This optimism occurs in the middle of a context of adjustments for the new Trump tariffs, which include measures such as the imposition of gold taxes and the significant increase in the collection expected by tariffs on imports of semiconductors and pharmaceutical products,” wrote Valmex analysts.
