Stock market today: World shares are mixed and US futures jump ahead of Wall St reopening from holiday
Share this @internewscast.com

European shares advanced Tuesday after a mixed and quiet session in Asia following the Memorial Day holiday in the U.S.

U.S. futures and European stocks have climbed following an announcement by President Donald Trump to postpone imposing a threatened 50% tariff on European Union goods.

The EU’s principal trade negotiator mentioned on Monday that he had “productive discussions” with representatives of the Trump administration. He also stated that the EU is “fully committed” to finalizing a trade agreement by the July 9 deadline. Previously, Trump had expressed on social media that trade discussions with the EU “were at a standstill” and hinted that the “full 50%” tariffs might be implemented starting June 1.

The future for the S&P 500 was up 1.5% while that for the Dow Jones Industrial Average gained 1.3%.

Data on U.S. consumer confidence and housing prices were due later in the day.

In London, the FTSE 100 gained 1.1% to 8,818.08, reopening after a British holiday on Monday.

Germany’s DAX added 0.7% to 24,205.92, while the CAC 40 in Paris picked up 0.3% to 7,850.31.

In Asian markets, Japan’s Nikkei 225 overcame initial declines to rise by 0.5%, closing at 37,724.11. This rebound followed the central bank’s anticipation of raising interest rates in the months ahead due to inflation concerns.

Bank of Japan Gov. Kazuo Ueda cited rising food prices, with rice prices doubling in the past year, as one factor. Inflation in Japan is now higher than in the U.S. or Europe and above the BOJ’s target level of about 2%.

But the central bank also has to take into account trade policies, he said without directly mentioning Trump’s tariff hikes. Risks from uncertainty for the global economy complicate the BOJ’s goal of raising its very low benchmark interest rate of 0.5%, Ueda said in a speech Tuesday.

“We are now closer to the target than at any time during the last three decades, though we are not quite there. Our recent path has been affected in a unique way by supply shocks,” Ueda said.

Hong Kong’s Hang Seng gained 0.4% to 23,381.99, while the Shanghai Composite index shed 0.2% to 3,340.69.

In South Korea, the Kospi lost 0.3% to 2,637.22.

Australia’s S&P/ASX 200 climbed 0.6% to 8,407.60 and Taiwan’s Taiex lost 0.9%. In India, the Sensex fell 1.2%.

In other dealings early Tuesday, U.S. benchmark crude oil was unchanged at $61.53 per barrel. Brent crude, the international standard, picked up 6 cents to $64.18 per barrel.

The U.S. dollar rose to 143.87 Japanese yen from 142.85 yen. The euro fell to $1.1358 from $1.1388.

The impact on markets from Trump’s decision to delay the threatened 50% tariff on imports from the European Union was relatively calm as investors are growing inured to such policy changes, Stephen Innes of SPI Asset Management said in a commentary.

“Investors know this act by heart,” Innes wrote. “The volatility is still there, but like a horror franchise on its fifth sequel, the jump scares are losing their bite. Panic-selling into a Trump pirouette doesn’t pay like it used to – markets have seen this dance before.”

On Friday, U.S. stocks fell as traders weighed whether Trump’s latest threats were just negotiating tactics.

The S&P 500 lost 0.7% to end its worst week in the last seven. The Dow dropped 0.6% and the Nasdaq composite sank 1%.

Copyright © 2025 by The Associated Press. All Rights Reserved.

Share this @internewscast.com
You May Also Like
Trump Moderate: Unraveling the Extremist Narrative

Trump the Centrist: Debunking the Radical Mythology

A recent New York Times opinion by Jamelle Bouie, dated July 2,…
Close-up photo of a woman with severe facial injuries.

Beauty Influencer Left ‘Disfigured’ Following Terrifying Home Invasion Involving Assault, Binding, and Bleach Dousing

A WOMAN was left “disfigured” after three men allegedly broke into her…
Bay Street near Jacksonville's Maxwell House Coffee plant down to 1 lane

Traffic Reduced to Single Lane on Bay Street Near Maxwell House Coffee Plant in Jacksonville

A JEA spokesperson crews will be working Bay Street near the Maxwell…
Texas flood relief: How to help

Supporting Texas Flood Recovery: Ways You Can Contribute

(NEXSTAR) – With the death toll escalating from the devastating floods in…
Portrait of Russian transport minister Roman Starovoit.

Russian Minister Fired by Putin in Kremlin Turmoil Discovered Dead Shortly After in Suspected ‘Suicide’

RUSSIA’S former transport minister has reportedly been found dead just hours after…
Alaska Man Monday - Moose Births, Martial Arts, and a New Shootin' Iron

Alaska Man Monday – Who Can Resist a Good Parade?

I mean, what the heck, California! Can’t you keep your problem children…
Russian minister found dead hours after Putin fired him

Russian Official Discovered Dead Shortly After Dismissal by Putin

Russia’s transport minister, who also previously served as governor of the Kursk…
Quick-moving Texas river flood caught on camera in timelapse video

Timelapse Video Captures Rapid Flooding of Texas River

A timelapse video shows the rapid overflow of the Llano River and…
The Galaxy Leader cargo ship escorted by small boats in the Red Sea.

Israel Launches Airstrikes on Hijacked British Ship Galaxy Leader Seized by Houthis in Major Assault on Terror Group

ISRAEL has bombed the hijacked Brit ship Galaxy Leader seized by Houthis…
Cheez-It will debut gluten-free crackers next year

Cheez-It Set to Launch Gluten-Free Crackers in 2024

The snack company confirmed the news Monday after rumors were swirling online…
Former Army captain critically injured in Bahamas boating hit-and-run during family vacation: report

Report: Ex-Army captain severely injured in Bahamas hit-and-run boat accident while on family vacation

A former Army captain and father of two is currently in a…
Federal agents conduct immigration raid in Los Angeles despite fierce opposition from Democrat mayor

Federal Agents Carry Out Immigration Raid in Los Angeles Amid Strong Opposition from Democratic Mayor

<!–> Tom Homan Denounces Criticism of ICE: ‘The Rhetoric Must End’ Fox…