Money and business

After the gains of 3 days .. American stocks fell at the beginning of trading

The three -day American stock height march stopped to record a slight decline in trading on Friday morning, and the Standard & Poor’s index recorded 500 declining by 0.1% in transactions, as three out of every four companies registered on the index decreased.
It decreased by 237 points, or 0.6%, by eleven in the morning, East Coast time of the United States.

American stocks

While the complex increased by 0.5% thanks to the gains of shares of a limited number of major technology companies.
While Intel negatively affected the market after the chips industry company announced that it is witnessing a “state of increased uncertainty in the sector”, and provided its expectations for the upcoming revenues and profits without analysts’ expectations.

American stock indicators - archival today

Its share decreased by 6.8%, although its financial results at the beginning of the year exceeded expectations. The share of Eastman Kimikal also decreased by 5.9% after issuing profit expectations this spring, and it was less than the expectations of analysts.

Economic uncertainty

“The state of total economic uncertainty that has prevailed in the past few years has increased”, and that the future demand for her products is “unclear given the size and scope of customs duties.”
The share of Skitshers, which specializes in shoes and clothing, has retracted its financial expectations for this year due to “the total economic uncertainty caused by world trade policies”, although it announced the achievement of record revenues for the first quarter of this year amounted to 2.41 billion dollars. Her share decreased by 4.3%.

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