US stocks reach a record level after a $ 10 trillion increase

Wall Street avoided a wave of news headlines related to customs duties, which spurred the stocks to the highest levels ever, and ended a week that was delayed in the risks of the Middle East and indicators of the steadfastness of the US economy amid low inflation. The wave of high effects stopped, and the dollar rose. A strong recovery in the shares, after the collapse in April due to the trade, has printed the S&P 500 index since February until its first record, as it closed 0.5% above 6170 points. Giant technology companies have led this progress, as ‘Inviteia’ business approached the 4 trillion dollar barrier, and alphabet rose by about 3%. The shares were closed with the rise of the White House’s praise for progress with the deal with some countries, despite US President Donald Trump’s announcement of the end of the discussions with Canada and the decline in the Canadian dollar. The US stock index adds 10 billion dollars in April. Trump has stopped the imposition of customs duties on dozens of US commercial partners for a period of three months after the announcement, when the markets of the markets can lead to a global recession. Since then, it has violated the increase in the “EC and B500” index, which amounted to $ 10 trillion, Wall Street’s expectations, confirming that the economy is able to resist policy in the event of uncertainty. “US shares have still recovered from the sale wave caused by customs duties in March and April,” says David Livikitz, of the main investment office at UBS. He added: “We believe this recovery is logical, as most companies of major market value customs will carry well.” Also read: Trump emphasizes his threat of imposing customs duties in July, indicated by Treasury Secretary Scott that there is the possibility that some extensions will end the most important agreements against Labor Day. The President of the European Commission, Ursula von der Line, informed the European Union leaders behind the closed doors that she is confident in the possibility of reaching an agreement before the deadline, according to persons familiar with the case. China confirmed the details of a business framework with Washington. Economic indicators in the US have improved at economic level, consumer confidence has increased remarkably in June to the highest level in four months, and inflation expectations have improved significantly. The data also showed that although the basic personal consumption cost index has increased much more than expected, the increase in the rise corresponds to moderate prices, which will enable the Federal Reserve to resume the interest rate cuts later this year. The majority of “federal” officials tend not to reduce the interest in July. Read the details and Gary Shalosburg of the Wells Fargo Institute “said:” It is likely that an event in one of the last three monetary policy meetings for this year – in September, October or December – when the impact of Customs graphics increases, becomes clear to inflation. ‘Federal Reserve’s head, Jerome Powell, told lawmakers this week that he expected inflation in June, July and August, with the increasing reflection of customs duties on consumer prices, but if this expectation is not reached, the US central bank can resume the interest rate rape quickly and will not expect the federal reserve later. Betting can gain a third momentum as the work report released next Thursday, according to Brett Kinwell of “eToro”, the recent reading of personal consumption expenses has indicated that inflation has not yet controlled. “In addition, the Earth can approach share prices until the end of the term. Test. This year has flowed to US shares and on the way to reach the third largest annual flow in history,” says EPFR Global data.