On Tuesday, Wall Street stocks experienced a positive increase after a worrying decline last week.
The factor that drove the surge in all three major indexes was the announcement by the President of the United States (US) regarding the new tariff rates on imported semiconductors.
The Dow index rose 0.78%, the S&P increased 0.79% while the Nasdaq index, which is based on the technology sector, recorded an increase of 0.64%.
In addition, the increase in the major indexes was also supported by Apple, following the decision of the White House government to exempt mobile phones and computers from the new tariffs.
The situation had a positive impact on the US economic market, which indirectly offered more competitive prices to stimulate increased consumer demand.
However, the implementation of tariffs by the Trump administration also put pressure on the US stock market and triggered an unstable price movement pattern.
Overall, the US index showed a moderate increase compared to the Asian and European indices, but concerns among investors remained following the implementation of trade tariffs.
