n
The Dow and other major clues climbed Thursday as President Donald Trump signed a reciprocal rate in the afternoon. Under this policy, if a country takes prices from American products, the United States will respond by applying an equivalent rate on the property of this country. Reciprocal prices will not take effect immediately and Trump said that the appropriate rate levels for each affected country will be determined.
At the end of the day, the industrial average of Dow Jones added 342 points or 0.7%. The NASDAQ and the S&P 500 in technology technology added 1.5% and 1% respectively.
Meanwhile, inflationary pressures have persisted, with big warmer than expected prices. The production price index (PPI)Who follows what producers receive for their goods and services, increased by 0.4% in January, exceeding the estimates of analysts by 0.3%. The basic PPI, which excludes food and energy, increased by 0.3% for the month, aligning the forecasts.
The job market remained resilient, with fewer Americans who deposit unemployment benefits last week. According to the Labor Department, the first unemployment complaints fell from 7,000 to 213,000 seasonally adjusted for the week ending on February 8. The figure came below the expectations of economists of 215,000 complaints.
Jamie CoxManaging partner at Harris Financial Group, told Quartz in an e-mail: “It is a positive sign that markets prioritize labor market for volatile inflation data.”
“The point to remember key is that the solid economic base remains intact.”
Intel (Intruder) Actions extended its rally in a fourth day Thursday, increasing more than 8% to negotiate more than $ 24 per share. The manufacturer of inherited fleas is now up more than 20% so far this year – compared to a drop of approximately 1.5% to start 2025 for the manufacturer of chips Ai Nvidia (Nvda).
The actions rally came in the midst of speculation on the increase in the American government’s support to the company and a possible collaboration with TSMC (TSM),, The maquarity giant in Taiwan.
The Trump administration is considering a $ 400 million contract over five years for “armored electric vehicles” which could refer to Teslas. The State Department had previously listed “Tesla armored (Tesla (Tsla) (Product units) »in his Supply forecasts for 2025According to several media. He has since revised this line element to “armored electric vehicles”. After the news, Tesla’s actions (Tsla) were standing in the morning.
Actions by Robinhood (HOOD) climbed Thursday when the trading platform delivered stronger than expected gains One day earlier. The company declared an increase of 115% on the other of income, exceeding the estimates of analysts and reporting a robust commitment of users despite the volatility of the market. On the other hand, the shares of the Reddit social media giant (RDDT) decreased after the company was not gains expectations.
n
n
