#news
Nasdaq rises amid expectations of a US-China agreement
The Nasdaq index started the week with a confident rise, increasing by 0.3% to a level of 19,591 points against the backdrop of renewed trade negotiations between the US and China. Market participants reacted positively to signals about a possible lifting of some export restrictions, especially in the semiconductor sector.
Shares of tech giants, including AMD (+4.8%) and Qualcomm (+4.1%), showed significant growth. The iShares Semiconductor ETF also added 2.4%. Investors are betting that a reduction in trade tensions will give a new impetus to the tech sector.
At the same time, ETF market participants are observing increased interest in tech indices. It is expected that a possible agreement between the US and China could provide an additional boost to the growth of assets tracking the Nasdaq.
However, ahead are the publication of inflation data and possible signals from the Fed, which may adjust market expectations.
