Apple’s Shares Continues to Fall

Wall Street declines after the hope for a trade agreement with China cooled: Apple’s share continues to fall.

The drop came after Trump’s economic adviser Larry Cudlow told CNBC that they were not working on a trade program with China. More than 3 percent of wages were raised in October. Last night, Trump, “I had a very good and long conversation with the president of China with A heavy emphasis on trading “and the markets reacted to gains Asian markets closed higher, the Hang Seng Index climbed 4.2%.

US Treasury Secretary  said earlier Thursday that Trump had not asked cabinet members to draft a trade agreement between the two countries.

Kudlo’s remarks were made in response to an early report on progress in US-China trade talks.

The Dow Jones Industrial Average
(25,205 -0.47%)
And the S & P 500
(2,714.81 -0.93%)
 Deepening the declines, and Nasdaq
(7,356.19 -1.05%)
Drops by more than 1.6% at this hour.

Apple stock
(206.24 -7.19%)
Continues to fall in the wake of the reports, and Teva
(22.63 -1.61%)
Continues to fall after the sharp gains recorded on the previous trading day.

18:30

The falls on Wall Street are bolstered by Trump’s chief economic adviser, Larry Cudlow, who told CNBC that a trade program with China was not planned at the moment, thus dampening the hope of a trade agreement between the two countries.

After yesterday published good reports and jumped 15%, Teva shares
(22.63 -1.61%)
Recording declines today.

European markets closed in a positive trend against the background of the hope for a trade agreement between China and the US Stokes Index 600
(364.08 + 0.28%)
A close of 0.4%, and most sectors recorded gains. The index recorded its best week since December 2016. Declines were recorded on the London Stock Exchange
(7,094.12 -0.29%)
.

17:50

Wall Street indexes went down.

16:30

Apple stock
(206.24 -7.19%)
Collapses 7% in the wake of the reports, and on the other side Starbucks
(64.675 + 10.31%)
Jumps about 10%. Solarage shares
(38.235 -6.81%)
Israel is diving 10% after reporting its third quarter results yesterday. The share of Alibaba
(147.86 -2.24%)
, Which traded ahead of the opening of trading in the wake of the reports, is currently trading in declines.

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15:30

Trading on Wall Street opened with gains in Dow Jones
(25,240.39 -0.55%)
And the S & P 500
(2,714.81 -0.93%)
Apple stock
(206.24 -7.19%)
Declines and weighs on the NASDAQ index
(6,966.18 -1.46%)
Who is scoring declines. In Europe, sharp rises continue.

The October employment report points to an increase of 3.1% in the past year, the first time since the crisis of a decade ago, according to the Ministry of Labor. 250 thousand new jobs were added last month, well above the forecasts of 190,000. The unemployment rate remained at 3.7%, the lowest since December 1969.

The share of Alibaba
(147.86 -2.24%)
Jumps ahead of the opening of trade by more than 6%. China’s online trading giant said its revenue jumped 54 percent in the second fiscal quarter, despite fears of a slowdown in China’s economy. The company’s profits also rose and beat forecasts.

14:00

Futures trading in the US is moving in a positive direction as major contracts are trading higher.

The positive trend continues from the green lock last night after President Trump chirped on a “good conversation” with Chinese President Xi. Bloomberg reported today that Trump has begun drafting a trade agreement between the two countries.

The US monthly employment report is expected to be published today, analysts expect the unemployment rate in the country will not exceed 3.7%.

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