By
AFP
Printed
January 7, 2025
US and European markets largely rose Monday following a report — strongly denied by US President-elect Donald Trump — that his incoming administration was mulling making use of tariffs extra selectively than he had beforehand steered.
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Whereas the Dow fell on Wall Avenue, each the S&P 500 and the Nasdaq Composite closed greater, as buyers plowed cash into the semiconductor sector following sturdy outcomes from Taiwan-based Foxconn.
The rally helped spur chip designer Nvidia to a contemporary file, giving the corporate a market valuation of greater than $3.6 trillion.
