Wall Street reaches record levels after the troubled months

New York (Reuters) – The S&P 500 and NASDAQ compound reached its highest level in the opening bell on Friday, as they rose from a turbulent period raised by US President Donald Trump’s policies on the basis of customs tariffs.

The American Standard Stock Index increased by 0.68 % to 6,182.7 points, transcending the previous peak of 6,147.43 reached on February 19, while the Nasdaq Stock Exchange increased by 0.54 %, to 20,274.8, also above the 16th of December of 20,204.58.

Index records show a shift in the feelings of investors, amid the hopes of interest rate discounts and the ceasefire in the United States between Israel and Iran, tame prices and commercial deals.

Days after the Trump tariff was announced on April 2, during the so -called “Liberation Day”, the Nasdaq Stock Exchange fell by 26.7 % of its previous peaks, and entered the bear market.

comments:

James Street. Obin, Chief Investment Employee, Ocean Park Asset Management Assets, Santa Monica, California:

“It is a continuation of this monster gathering since early April. It has been an unlikely return, and it continues, assuming that the controversy of tariffs is no longer a major problem in the psyche of the market.”

“We started seeing profit estimates during the next 12 months to rise again after taking a little decline and this is what the market bought.”

“The market assumption is that the definitions will be a very controlled problem.”

Mark Malik, Chief Investment Officer, Sepert Financial, New York:

“What we are really witnessing this week is a kind of removing some of the troubled blocs that were placed in the middle of the road. We have faced all these commercial problems that are still in the air and we had a great decline in what was going on in the Middle East.”

Peter Touz, President, Investment Adviser in Chase, Charlotteville, Virginia:

“Given the uncertainty in the world at the present time, I am surprised. However, one can make it clear that the uncertainty decreases with the progress of the year and this made people more optimistic about the future.”

“For a long time this year, we were concerned about the definitions. Because of the various negotiations, it does not seem to worry as it was a few months ago.”

“Instead of the Middle East becomes a greater problem with the explosions, people believe this is a problem outside the table now. Inflation is under control, the definitions do not seem to have paid anything yet. The economy is fine. It seems that there is a lot of money to buy things. Why doesn’t it do all the time at all?”