Vice President Vance expressed the opinion during the Friday interview that the price for “one bad day on the stock exchange” is “the flowering stock market for a long time, because we are investing in the United States of America again.” In an interview after Friday's stock session, he will no longer be able to talk about “one day”, because the declines did not stop at all.
The most important stock exchange index in New York S&P 500 began Friday with a strong downward movement, which later deepened, and later a bit to bounce up a bit. After one and a half hours of quotations, it decreases by 3.5 percent. Earlier it fell by over 4 percent. Technology companies, which may lose some markets as a result of rhesium activities, are key in this inheritance.
The NASDAQ technology index loses 3.7 percent, although it sometimes lost over 5 percent. The leading inheritors include the Marvel Technology semiconductor supplier (-14.3 percent) and film-media warner bros Discovery (-10.2 percent). There is also an electric car manufacturer on the list of inheritance leaders Tesla (-8.5 percent), on which the world's reluctance is focused on the economic policy implemented by Donald Trump. Manufacturers of computer processors: Intel and AMD, and even 9.5 percent also had over 10 % decreases. The manufacturer of graphics cards and NVIDIA computing platforms was lost.
Tesla's shares have already lost a total of 39 percent, Although on a scale of 12 months they still gain 49 percent. In recent months, Elona Muska has a negative impact among the largest US technology companies, although as the Goldman Sachs analysts showed, Tesla on the American market can gain the most on the duties introduced by Donald Trump's administration. All components of her cars sold to Americans are entirely domestic as opposed to other American producers.
However, among the hundreds of largest technology companies in the United States, the last month was not the most difficult for Tesla (-12 percent MDM), but for: Marvell Technology, which has already dropped by 47 percent. month to month and the supplier of the world database platform Atlas of Montodb with a 41 % decrease.
Marvell Technology is strongly dependent on China, and 43 percent Her revenues come from this market – writes Yahoo Finance. As the tensions between the USA and China are growing, investors are afraid that any duties or trade restrictions will disturb its activities and will have a disproportionately large financial impact on the company.
