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U.S. Tariff Exemption for Tech Sector Is Temporary Reassurance for Apple Investors -- Market Talk

Dow Jones04-14

1042 GMT - The U.S. administration's latest update on tariffs is a big relief for Apple, JPMorgan analysts write in a note. The Trump administration announced a temporary exemption for some tech products from the so-called reciprocal tariffs. These exemptions are expected to boost investor confidence regarding a potential direct impact on costs for the hardware industry, including Apple, the analysts say. However, the tech company's shares are unlikely to return to near-term peaks immediately given the remaining concerns, they add. Apple shares are up 4.9% premarket at $207.89. (najat.kantouar@wsj.com)

 

(END) Dow Jones Newswires

April 14, 2025 06:42 ET (10:42 GMT)

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  • Miss Vee
    ·04-14
    Market manipulation for his friends [Look back]  [Helpless]  
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