Globally .. the rise in shares after the suspension of American drawings on some devices

The shares in global markets rose during Monday’s dealings, after the US President announced the reduction of some that he decided to impose on American imports.
The Standard & Poor’s index lost 500 parts of its morning gains, increasing in the afternoon trading by 1.1% after it rose in morning trading by 1.7%.
The Dow Jones Industrial Index also lost 390 points, or 1% after it increased by 434 points, or 1.1% in the morning.
The gains of the Nasdaq, the synod, shrinks to 0.9%, after an increase of 2.5% in the morning.

High technology shares high

The shares of major technology companies, including Apple and Envedia, led the wave of height, after President Trump announced the exemption of American imports from smartphones, computers and other electronic devices from some new customs duties, which can lead to an increase in the prices of these products from China to more than twice.

This exemption would help the American importers, who will not have to choose between passing the high cost to their customers, or to bear the damage to their profits.
Apple’s share price increased by 3.7%, while Del Technologies increased by 4.6%.

Global market recovery

The stock markets in other countries recovered after the Trump’s trade war with China, the second largest economy in the world.
Indicators increased by 2.4% in France, 2.9% in Germany, 1.2% in Japan, and 1% in South Korea.
The shares of car manufacturers increased after Trump suggested a temporary exemption from customs duties.
General Motors shares increased by 3.6%, Ford by 4.1%, and Stelins by 5.1%.
These companies have complex supply and production chains that exceed the border several times inside North America.