American actions left behind the best week since the end of June, which contributed to the great jump of the technological sector, supported by the APPLE ACTION, and a quickly forgotten traumatic report from the labor market.
The S & P 500 index increased 2.4 percent, while the index of technological shares of Nasdaq jumped 3.9 percent.
After an extremely bad start of the year, when European actions recorded 10 percentage points better than S & P, this leading indicator of the US market arrived in 2025. To the plus of almost nine percent.
The momentum of the European market of shares gave the uncertainty made by the policy of the new U.S. administration, and the announcement of the Great German Fiscal Plan. However, the recent quarterly reports of technological companies re-returned American actions to the main scene, and the European dominance only retained the currency market. Euro is in relation to the dollar from the beginning of the year in the plus about 12 percent.
Last week, the Trump Customs took place to more than 90 countries, after several delays in order to achieve commercial agreements with the most important American partners.
Trump has set the return of jobs and industrial production in the United States, but also reducing the trade deficit, which is a trend that has long begun.
In July, the highest monthly income from the customs in the amount of $ 29.6 billion was recorded, while 152 billion dollars split in the budget year. In the calendar 2025. Year, these revenues could exceed $ 300 billion, and would positively influence on the chronically high level of US borrowing, banker is transferred.
Last week, Trump continued to use customs as a main means of pressure, interpreting India with customs 50 percent if this country did not stop buying Russian crude oil. He also announced customs duties of 100 percent to foreign chips to encourage technological companies on investing in the United States.
These pressures have borne fruit when the Apple concerned, which has been translated on several occasions during the year by Trump with the threat of customs customs to its products if they do not move iPhone to USA. Apple announced an investment from an additional $ 100 billion, on top of the previously promised $ 500 billion in the domestic market for four years.
During the official announcement in the White House, Trump said that, as part of the investment, the Apple “massive” is spent on the domestic supply chain, including the creation of new-glassed glasses, which will be used for smart watches and iPhones.
Apple, which was located most of their production in China, from the beginning of the year for higher costs, after the Chinese goods were burdened with additional customs of 30 percent. The company responded by reshaping the value chain, so the American market was supplied from India and Vietnam.
Despite these adjustments, Apple reported increased costs in the previous quarter of about $ 0.9 billion, which would increase in the company’s directing to 1.1 billion in the current quarter.
Winning of the week
IPhone manufacturers, Apple jumped almost 12 percent last week after investors greeted the company’s management company with the highest US investment officials, which could eliminate the threats of customs.
The Apple found himself under a great pressure of increased costs around the customs, but also due to the dispute of application of artificial intelligence, despite earlier major announcements. Apple shares, after recovery last week, from the beginning of the year, the minus of about eight percent.
Loser of the week
The Actions of the American Sports Equipment of the Under Armor (UAA) fell on Friday 18 percent after the company’s management gave weak business prospects for the current quarter.
Under Armor expects an additional $ 100m cost in the current quarter in the customs name, on top of less than the expected demand in fiscal 2026. Years. The company’s management expects a decline in revenues in a quarter of 6-7 percent, which is almost twice as weaker than market forecast. The UNDER ARMOR shares from the beginning of the year are about 34 percent in the minus.
