New York Stock Exchange Rises with Technology Stocks

US Stocks News
New York stock market rallied on tech stocks, while Trump's immigration policies created uncertainty. Explore further.

The New York stock market closed on a positive note with the impact of technology stocks after a volatile course during the day. Starting the day with uncertainty, the stock market indices started to trend downward with the negative atmosphere created by US President Donald Trump's new decisions on immigration and visa policies. However, positive news, especially from technology-heavy companies, was the main factor driving the stock market.

Last week, President Trump made a significant change to the H-1B visa program, designed to make it easier for highly skilled workers to work in the United States. With this change, the visa application fee for companies will increase to $100,000. While this decision has caused concern among employers, it is thought to create some opportunities in the tech sector that will not affect labor supply.

In addition to the short-term impact on stocks, the long-term effects of this regulation are also highly anticipated. With this in mind, many investors are developing strategies to turn to technology stocks.

The technology index managed to increase its gains during the day, especially with the strong performances of giants such as Apple, Amazon and Microsoft. The strong balance sheet results of these companies and revenue announcements that exceeded market expectations had a positive impact on the stock market by increasing investors' confidence. In particular, Apple's latest quarterly report and Amazon's e-commerce growth were closely watched by the markets.

The uncertainties in the US immigration policies will of course directly affect the demand for highly skilled labor. Such changes could cause both employers and investors to rethink their strategies. Experts say that in addition to technical analysis of the stock market, the long-term effects of these policies should also be carefully monitored. This will allow investors to better react to market movements.

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