Wednesday , October 20 2021

New rates in the water bath. Wall Street Applauds – Bag


The Dow Jones industrial average rose by 0.84% ​​to 25.290.39 points, and Standard & Poor's rose from 1.06 to 2.730.34.

Nasdaq Composite technology increased by 1.72% to 7,259,03 points.

US equities have been on the decline, but the Financial Times US agent, Robert Lighthizer, told executives in the industry that this is the next tariff imported by Chinese origin products. US postponed.

It was enough to mobilize Wall Street, highlighted by the good performance of the Apple-managed technology industry.

Under the leadership of Tim Cook, the company managed to see a steady decline in the price of its shares and ended a consecutive five-day cycle, losing more than 10% of the market value.

Technology shares are backed by the influential Wall Street analyst on the company's defense on Thursday at 2.47% from $ 191.41 & # 39; a closed. Katy Huberty of Morgan Stanley wrote a report that Apple's alma noise around the supply chain Apple created an opportunity to purchase the company's shares.

Huberty continued to be "closely focused" on the sales of some of the company's units, stating that it was wrong in his view, saying investors are exaggerating in response to warnings from some Apple component vendors.

The same analyst believes investors have forgotten that Apple's service unit – like the App Store, iCloud, Apple Music and Apple Pay – has grown faster than most other units. technology

Concerns about Brexit during the political turmoil in the United Kingdom – resigned to the Theresa May government due to the renunciation of the European Union between Britain and Britain – it remained in the shadow of optimism. commercial and technological sector.

There is an increasing expectation that the United States and China could reach a trade agreement. This comes after US President Donald Trump has threatened Beijing with new sanctions if the deal is not reached. Leaders from both countries will meet at G20 in Argentina at the end of the month.

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