Markets notch small gains as tech stocks rise and Trump delivers mixed signals on tariffs

• The stock markets rose for the fourth consecutive day Technology companies have also seen investor gains and interpretation of president Donald Trump’s comments on Friday on customs tariff negotiations.

The stock markets rose a little on Friday, against the background of the gains in technology stocks such as Alphabet and NVIDIA, as well as conflicting messages from President Donald Trump on the customs tariff. S&P 500 increased by 0.75 %, Dow Jones was flat, heavy NASDAQ jumped by 1.25 %. The height rises from a positive week for markets. S&P 500 rises by 5.6 % from Monday morning.

On Thursday, Alphabet, the parent company of the research giant, defeated analysts’ predictions in the first quarter and grew on its highest line on an annual basis in the first quarter by 12 % to 90.2 billion dollars. From the market closed Thursday to Friday afternoon, its shares rose by 1.5 %. AI Chipmaker Nvidia witnessed a 4.3 % greater leap after an executive official said on Thursday that the technology giant had no decline in demand for its chips.

At the same time, in a large -scale interview with time Trump was published on Friday, Trump promised potential relief to investors when he said he had concluded “200 deals” on the definitions. He refused to say any countries and promised that the initial negotiations would end within three to four weeks.

On the contrary, in what could be a declining signal for global markets, he stated that it considers it a “complete victory” if the tariff for foreign imports is between 20 % and 50 % in one year.

The small Friday increase in the stock market follows three days of positive jumps, as markets are looking to restore their losses after Trump’s “liberation day”. On April 2, the president revealed a 10 % base tax on exports of all countries and targeted China with an escalation of definitions, which reached 145 % peak on Chinese exports. The Trump tariff plan pushed the market to the tank amid the investor’s fears of a comprehensive trade war.

Xi Jinping, President of China, has retaliated by the United States with mutual definitions, and since Trump has broadcast that taxes against China will decrease significantly. ”In his interview with time, Trump said he was in contact with Shi. However, Chinese officials have repeatedly denied that they were in negotiations with the Trump administration, although they recently gave some American imports of their revenge definitions.

The markets closely followed Trump’s comments on the Federal Reserve, the US Central Bank. The President has repeatedly criticized Jerome Powell, the head of the Federal Reserve, for not reducing interest rates quickly enough. Trump’s criticism reached a boiling point when he suggested last week that he had thought about shooting Powell and undermined the Federal Reserve Independence a long time from the executive branch. Since then, the forty -seventh president retreated his speech and said he “has no intention” to launch the Federal Reserve Chair.

This story was originally shown on Fortune.com

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