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Dow soars 400 points, as investors rotate out of tech and eye Europe

Dow Jones 396 points rose, compared to 1 % profit, on Tuesday, as investors mostly revolve from the technology sector. This shift preferred 30 Dow Jones, 1 % of the highly reached in December 2024. At the same time, S&P decreased 0.11 % and Nasdak 0.83 % decreased.

Many technology giants saw their decrease in their shares. Nafidia 3 % closed. Microsoft 1.1 % decreased; and Dead Today ended 2.6 % below as it opened.

Timing If it decreases more severe, as it was closed at $ 302 per share, 5.3 % less than the start of the session, although some of this fall may be attributed to CEO Elon Musk Renewal With President Donald Trump.

Through the blessing, the European market was focused on Tuesday after reports intensified the transfer of money to the continent. However, the shares of the European Union declined a day.

Stoxx 600 decreased by 0.2 % after a turbulent days when the index had multiple peaks and good. The German DAX spent the entire session in a negative segment, with 1 % closed. French Cac closed a little less, decreased by four basis points for today. There was a bright regional point in the UK, where FTSE increased 100 0.3 %

In the currency markets, the US dollar index (DXY) was mainly flat per day, after its rise in the morning. On Tuesday, DXY decreased by 0.1 %, hovering about $ 96.76. This comes after the US dollar has achieved its worst performance in the first half of the evaluation year since 1973. Since the beginning of the year, the US dollar decreased by 11 % against a basket of similar currencies.

The continuous weakness of dollars reflects the uncertainty that the economy has erupted in the past few months. But the dollar chip was the euro. The euro rose just less than 14 % so far throughout the year against the dollar. On Tuesday, the euro rose in the morning hours, as it rose to $ 1.1832, before declining to $ 1.1765 in the middle of the afternoon.

Christine Lagarde, President of the European Central Bank, described the exchange rate as a “reflection of our economy’s power” during the European Central Bank Forum in Sentra, Portugal on Tuesday.

“There was a clear estimate for the dollar,” said Jerome Powell, Federal Reserve Chairman Jerome Powell. “Based on how you look at it, it is either a decrease in the dollar or the estimation of the euro, and there may be little from the two.”

As the euro and the dollar moved in opposite directions, investors began to balance their governor towards European stocks.

It collected a mixture of greater stability in Europe, the appreciation of the euro, and the increased levels of defense spending to make the European Union a more attractive destination for investors than in recent years.

“In this particular case, we also look at the movement, the flow of capitals and the attractiveness of the origins provided by the euro, which is also an interesting phenomenon that we recently noticed,” Lagarde said.

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