Apple shares lead tech higher after tariff exemptions

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Apple‘s shares rose over 6% in Frankfurt after the U.S. granted exclusions from tariffs on smartphones, computers and some other electronics imported largely from China.

Other U.S. and European tech stocks listed in Frankfurt were also higher with Nvidia risisng more 3%, Dell Technologies up 6.3% and ASML up 2.8%.

Nasdaq futures gained 1.6% in early European hours.

Uncertainty however remained. US President Donald Trump said on Sunday he would announce levies on imported semiconductors over the next week.

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Apple shares lead tech higher after tariff exemptions


Apple‘s shares rose over 6% in Frankfurt after the U.S. granted exclusions from tariffs on smartphones, computers and some other electronics imported largely from China.

Other U.S. and European tech stocks listed in Frankfurt were also higher with Nvidia risisng more 3%, Dell Technologies up 6.3% and ASML up 2.8%.

Nasdaq futures gained 1.6% in early European hours.

Uncertainty however remained. US President Donald Trump said on Sunday he would announce levies on imported semiconductors over the next week.

Discover the stories of your interest



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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