Tuesday 13/May/2025 – 11:59 PM
The Standard & Poor’s 500 and Nasdak in the American stock market closed at an altitude for the second day in a row today, amid a state of optimism between investors due to inflation data that came less than expected, as well as the announcement of the United States and China a trade truce yesterday.
American stock market
According to preliminary data, the Standard and Poor’s 500 index rose by 41.04 points, or 0.70 percent, to close at 5884.92 points, and the Nasdak Synod index rose 299.50 points or 1.60 percent to 19007.84 points.
The Dow Jones Industrial Index fell 278.06 points, or 0.66 percent, to 42132.04 points, according to Reuters.
In another context, US President Donald Trump announced today, Tuesday, that he would raise the sanctions imposed for a long time on Syria, while he obtained pledges from Saudi Arabia to invest $ 600 billion in the United States.
A statement issued by the White House said that Washington agreed to sell weapons to Saudi Arabia worth approximately 142 billion dollars, describing the deal as the largest defense cooperation agreement concluded by Washington.
The sudden announcement of the lifting of sanctions on Syria represents a large batch of a country torn apart by the civil war, which lasted for more than a decade, and the Syrian opposition forces, led by the current President Ahmed al -Shara, overthrew President Bashar al -Assad last December.
Speaking from Riyadh, Trump said that his decision came at the request of Prince Muhammad bin Salman, the Crown Prince, to lift the sanctions.
Trump said: What can I do for the crown prince?, Which raised laughter between the attendees, adding: The sanctions have performed an important job, but it is now time for the country to go ahead.
