Wall Street stocks of Trump’s tariff losses

Wall Street was subjected to the back losses that incurred it after President Donald Trump imposed a global tariff a month ago, crowning the longest victory series in two decades.

The stocks witnessed gains for the ninth day in a row for the first time since 2004 after self -determination of the best jobs expected and the growing hope of commercial talks between the United States of China.

All the main US indicators rose when the market closed on Friday – both S&P 500 and NASDAQ increased by 1.5 %, while the Dow Jones industrial average increased by 1.4 %.

The technology sector has achieved the largest gains, with Microsoft and NVIDIA growth by more than 2 %.

This came as the Ministry of Labor said on Friday that American employers added 177,000 new jobs in April.

The report exceeded the predictions of analysts, although it was still a slowdown in employment from the previous month. Meanwhile, the unemployment rate is fixed at 4.2 %.

Another sign of the encouragement of investors was that Beijing announced on Friday that he was considering an offer from Washington to hold trade talks with the United States.

By 145 %, China faces the highest import taxes to a large extent.

For some analysts, job numbers have reduced recession fears in the wake of the Ministry of Commerce data this week, which shows a contraction in the American economy for the first time in three years.

“There is nothing to complain about here,” said Karl Winberg, the chief economist in the economy of high frequency in a research note.

“You can’t find any evidence that there is a recession in these numbers.”

Sima Shah, the world’s chief strategy in managing the main assets, also saw optimism.

“The economy will weaken in the coming months, but with this basic momentum, the United States has a decent opportunity to avoid stagnation if it can retract the edge of the tariff in a timely manner,” she said.

But other experts said it would take some time to find out the complete impact of Trump’s definitions.

“The view is still very unconfirmed,” said Olu Sonola, head of US economic research at Fitch TransIns, while the job report is strong.