The actions closed on Monday in the United States, with Apple giving a strong boost to the S&P 500, after the White House exempted smartphones and computers of the new tariffs.
Dow Jones rose 0.78%to 40,524.79 points. S&P 500 advanced 0.79%to 5,405.97 points. The Nasdaq technology index was up 0.64%to 16,831.48 points.
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Investors are still concerned about how companies will manage supply chains as more changes in the tariff front are expected.
The US announced the exemptions on Friday, but US President Donald Trump said on Sunday he will disclose the rate on imported semiconductors next week.
Most global technology actions have risen with news, especially companies that depend on imports from China. Apple papers, manufacturer of iPhone, rose 2.2%. Dell Technologies won 4% and HP advanced 2.5%.
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Meanwhile, the semiconductor Philadelphia index rose only 0.3%, and the shares of the Nvidia chip manufacturer fell 0.2%.
Monday’s negotiations were volatile, as it has been since Trump announced comprehensive tariffs on April 2. Investors, concerned with the possibility that a global trade war will bring the economy to the recession, have observed some of the largest fluctuations in the market in years with changes in Trump’s tariffs.
“In fact, what we have is only a continuous uncertainty and the inability of consumers, companies and investors to plan a lot for the future or have reason to commit to long -term spending plans,” said Jed Ellerbroek, portfolio manager at Argent Capital Advisors.