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Futures linked to Nasdaq 100 technology increased on Friday after Apple and Amazon.com published strong quarterly results, although Swissquote Bank’s Icek Ozkardeskaya said that companies sounded cautious in rates.
The E-Mini Nasdaq future contract increased by 0.3% on Friday. Apple’s CEO, Tim Cook, said that the impact of rates in June, assuming that existing policies would remain in place, would add $ 900 million to Apple’s costs. Amazon reported strong quarterly results that were not affected by new rates for Chinese imports, but taxes diminished the company’s perspectives.