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
Fifth paralyzed patient implanted with Musk-backed Neuralink chip

Neuralink Installs Brain Chip in Fifth Paralyzed Patient

A fifth paralyzed patient has been implanted with a Neuralink chip backed…
Yikes: DNC Chair Ken Martin Makes Things Even Worse for Dems When Asked About 'Globalize the Intifada'

DNC Leader Ken Martin Puts Dems in Hot Water with Remarks on ‘Globalize the Intifada’

Those questions about New York City mayoral candidate Zohran Mamdani might have…
Woman with 'urgent message' for President Trump arrested near Mar-a-Lago security checkpoint

Woman Arrested Near Mar-a-Lago Security for Trying to Deliver Message to President Trump

A woman was taken into custody after she approached Mar-a-Lago, claiming she…
Professor Proposes Renaming His School 'George Floyd University'... Then He Really Goes Off the Rails

Professor Suggests Renaming His School ‘George Floyd University’… Then Things Take a Surprising Turn

In this episode of “No, This Isn’t a Satire Piece From the…
'High Potential' star Javicia Leslie teases a villain twist you won't see coming: "You'll never guess who it was." 

‘High Potential’ Star Javicia Leslie Hints at Unexpected Villain Plot Twist: “You’ll Be Surprised Who It Is.”

LOS ANGELES — The filming of Season 2 of “High Potential” on…
New Mexico village rebuilds all over again after record-breaking flash flood kills 3

New Mexico Village Begins Rebuilding After Devastating Flash Flood

RUIDOSO, N.M. (AP) — The mountain village of Ruidoso faced the familiar…
Toddler Clay Parisher added to tragic list of dead from historic Texas floods

Tragic Loss: Toddler Clay Parisher Among Latest Victims of Texas Flood Disaster

A tragic addition has been made to the already heart-wrenching list of…
'General Hospital,' 'The View,' 'Live with Kelly and Mark,' and Anthony Mackie are among the Daytime Emmy Awards nominees.

Daytime Emmy Nominations Include ‘General Hospital,’ ‘The View,’ ‘Live with Kelly and Mark,’ and Anthony Mackie

LOS ANGELES — The National Academy of Television Arts & Sciences has…
Police searching for man who allegedly kidnapped 3-year-old son in east Alabama

Authorities Seek Man Accused of Abducting His 3-Year-Old Son in East Alabama

AUBURN, Ala. (WIAT) — Auburn police announced that they are searching for…
Iranian flag held aloft by a statue in Tehran, with an anti-Israel billboard in the background.

The UK warns that Iran now presents a serious physical threat to residents, similar to the risk from Russia.

IRAN poses a significant threat to Britain with Tehran’s spies targeting the…
Photo of Jeffrey Epstein.

Author Reveals Shocking Last Text from Jeffrey Epstein Just Hours Before ‘Suicide’ as Mystery Around ‘Client List’ Intensifies

JEFFREY Epstein sent an astounding final text hours before he reportedly committed…
Supreme Court blocks Florida immigration law

U.S. Supreme Court Halts Enforcement of Florida’s Immigration Legislation

The Supreme Court blocked Florida’s immigration law, supporting ongoing legal challenges. WASHINGTON…