The rise in American stocks after Trump’s assurances about the federal reserve

American stocks rose in trading today, Wednesday, as part of the wave of global markets after new statements by the US President regarding his plans regarding the American Central Bank Council and his commercial war, which investors found encouraging.
The Standard & Poor’s index recorded 500 increases by 2.2% this afternoon, after the great gains he achieved yesterday, exceeding the losses last Monday.
While the Dow Jones Industrial Index increased by 591 points, by 1.5% by approximately two o’clock in the afternoon, the East Coast time of the United States, while the Nasdaq Al -Mujami’s index jumped by 3.2%.

Strong rises to stocks

Wall Street’s gains came in the wake of strong rises of stocks in most parts of Europe and Asia.
These gains also come within the framework of the acute wave of fluctuations up and down in the financial markets, as investors face difficulty in dealing with a state of great uncertainty about what Trump will do with his economic policies.
The Standard & Poor’s 500 index is still 12% lower than its record level earlier this year, after it decreased briefly by about 20% from its standard level.

The dismissal of the head of the federal reserve

The market rise in part to Trump’s statement on Tuesday evening that he does not intend to dismiss the President of the Federal Reserve.
Trump was strongly criticized Jerome Powell, the council chairman, describing him as a great loser, due to the council’s hesitation to reduce interest rates.
While reducing interest rates may revive the American economy, it may also cause escalating pressure on inflation. Economists are likely that Trump’s customs duties are likely to drive the economy to slow down and inflation to rise even for a short period.

High technology shares high

The shares of major technology companies led the march of ascension today.
Invidia’s share of electronic chips increased by 5.4% to compensate for the large losses it incurred last week when the United States announced its intention to tighten restrictions on exporting the H20 chips that the company produces to China, which the company said it will incur losses of about 5.5 billion dollars.
Other shares also contributed to the artificial intelligence technology system to leading this upward trend of the market.
The shares of Vertif Holdings jumped by 11.9% after they announced more powerful profits and revenues for the last quarter of what analysts expected.

She said she is still witnessing an accelerated request from artificial intelligence centers.
The shares of the Super Micro Computer Company, which produces servers used in artificial intelligence, increased by 10.8%, achieving the largest gain among the companies listed on the S & B 500 index.
The share of the technologies, which offers an artificial intelligence platform to customers, increased by 8.7%.

Tesla Company shares

The shares of the Electrical Automobile Company, Tesla, increased by 8.5%, after CEO Elon Musk, his intention to allocate a larger part of his time to the company after the great decline in its profits during the first quarter of last year.