Jad Hariri, the financial markets strategist at First Financial Markets, confirmed that the U.S. markets are currently experiencing noticeable increases in certain sectors, especially technology, after a period of decline.
Hariri explained in an interview with "Al Arabiya Business" that this recovery comes amid the fluctuations resulting from the trade war between the United States and China, adding that recent statements from U.S. President Donald Trump have contributed to a decrease in the intensity of concerns regarding tariffs.
Hariri noted that the markets may witness further increases in U.S. indices, but he warned that the situation still requires caution, especially since historical declines between 20% and 30% may have formed the "bottom" for these movements.