The fluctuations prevail in the shares of Wall Street with the continued announcement of the results of adult profits

American shares were remarkably fluctuated amid the announcement of the profits of major American companies, and the recovery of the shares of technology relatively, after receiving support from the exemption of the administration of President Donald Trump smartphones, computers and various electronics imported from China from customs duties, according to the American “CNN” network.

Perform American stock indicators

The Dow Jones Industrial Index increased by 312 points, or 0.78%, while the Standard & Poor’s 500 index increased by 0.79%. The Nasdaq Boat Index, which is dominated by the technology sector, increased by 0.64%.
The three main indicators were closed on a rise after a volatile trading session, as the markets opened on gains, but lost part of it with the decline in technology shares momentum. The NASDAC index increased by 2.4% at the beginning of the session before fluctuating between gains and losses, and then gradually returning. The Dow Jones and Standard & Poor’s index also fell short before they achieved new gains.
Also read: American stock indicators record a rise in the beginning of the week’s transactions

American fees exemptions

These exemptions come after US President Donald Trump imposed a 145% customs tariff on imports from China, but these exemptions do not include the 20% customs tariff imposed on Chinese imports associated with the Ventanil Trading.
On the other hand, Apple’s shares increased by 2.2% on Monday, but despite the rise of shares, mystery still surrounds the trade war with China, as US Trade Minister Howard Lootnick stated on Sunday that electronics exemptions are temporary, indicating that new fees will be imposed later.
“The electronics are exempt from mutual customs definitions, but they are included in the semiconductor definitions that are expected to be imposed within a month or two,” Lottenic told ABC News.
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A possible exemption for the auto sector

In another development, Trump said on Monday that he was studying a short -term exemption from customs duties on automobile companies. Trump’s 25% fees for cars had come into effect on April 3, and fees on auto parts are expected to start no later than May 3.
The shares of “Ford”, “Stelins” and “General Motors” jumped by more than 3% after Trump’s comments.

Global gains for stocks

The rise of American stocks came after a wave of gains in global markets. In Europe, the “Stoxx 600” index increased by 2.7%, while the German “DAX” index rose by 2.85%. In Asia, the Japanese “Nikai 225” index increased by 1.2%, while the “Hang Sing” index in Hong Kong recorded 2.4%gains. On the other hand, the “Taiwan” index fell 0.08% despite the strong performance of the rest of the markets.

American inflation expectations

A poll was issued by the Federal Reserve in New York, which showed the increasing pessimism among consumers on economic expectations in the short term. The poll indicated that the in the near -term inflation expected increased by 0.5% to 3.6%, which is the highest reading in a year and a half.

Two weeks of fluctuations

This comes after Wall Street witnessed two weeks of sharp fluctuations. Trump’s imposition of what is known as “mutual customs duties”, then suspended for 90 days, led to great tremors on the market.
The Standard & Poor’s 500 index fell 9% during the first week of April, recording its worst weekly performance since 2020, and then increased by 5.7% in the second week, in the best weekly performance since 2023. The market recorded the third largest daily gain in its modern history on Wednesday, after Trump announced a temporary suspension of most of the fees.
Despite this height, the Standard & Poor’s 500 index is still below the level of closing it on April 2, that is, before the announcement of mutual customs duties.

Continuing recovery despite anxiety

“The situation is still volatile since the announcement of the liberation day less than two weeks ago,” analysts at UPS Bank said in a note. They added: “But given the suspension of mutual customs duties for a period of 90 days, and the last exemption from electronics fees, we expect the continued recovery of technology shares.”

Fears press expectations

Wall Street is trying to keep the momentum of ascension despite blurry. Trump’s inaccuracy of confusion caused investors to confuse and increase concerns about the future of economic growth in the United States.
“While any postponement of customs duties is slightly positive, it is not equivalent to the effect of its complete cancellation. Previous experiences show that the continuation of uncertainty weakens companies’ confidence and affects their spending and employment.”
David Solomon, CEO of “Goldman Sachs”, said the current climate represents “a completely different operating environment from what it was at the beginning of the year.” He added: “The possibilities of economic recession have increased in light of the increasing indicators of slowing the activity, and our customers, including executives and investors, feel anxious about the uncertainty that hinders strategic decisions.”

Expectations for the main index to decline

City Bank analysts reduced their expectations for the end of the year for the Standard & Poor’s 500 to 5800 points, down from 6,500 points, thus joining a group of major banks that reduced their expectations for corporate profits and market growth in an unstable definition environment.