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
Parents crashing honeymoons becomes bizarre new travel trend

Unexpected Trend: Parents Tagging Along on Honeymoon Trips

Traditionally, a honeymoon serves as a unique getaway for newlyweds to relax…
Geoengineering Whistleblower Shanahan Reveals Truth

Shanahan, the Geoengineering Whistleblower, Unveils the Truth

Nicole Shanahan, RFK Jr.’s running mate, shares whistleblower details exposing ongoing U.S.…

Eyewitness to Idaho Tragedy: Missteps, Misunderstandings, and the Unveiling of the Real Culprit

EDGING open the door to the student digs, Hunter Johnson felt something…
Portrait of Colonel Sergei Ilyin in military uniform.

Top Russian Commander, Accused of War Crimes and Atrocities, Killed in Ukraine Attack

VLADIMIR Putin’s brutal war machine was dealt another blow today as Moscow…
Son of ‘El Chapo’ expected to plead guilty in drug trafficking case in rescheduled hearing

‘El Chapo’s Son Likely to Admit Guilt in Drug Trafficking Case at Rescheduled Court Hearing’

CHICAGO (AP) — Ovidio Guzman Lopez, one of the sons of infamous…
Andre Agassi snaps at commentator over celebrity Wimbledon questions

Andre Agassi Responds Firmly to Commentator’s Celebrity Wimbledon Inquiries

Andre Agassi is at Wimbledon to talk tennis, not to fawn over…
Billie Holiday, location manager for Marvel's 'Ironheart' Disney+ series, takes ABC7 on tour of Chicago sites featured in TV show

Billie Holiday, the location manager for Marvel’s ‘Ironheart’ on Disney+, gives ABC7 an inside tour of the Chicago locations showcased in the series

CHICAGO (WLS) — Chicago provides the landscape and inspiration for Marvel’s new…
Portrait of Maria Gasparovic, former chief of staff.

Female Champagne Executive Criticized for Alleged Flirting with Bosses: Told She Needs ‘Anti-Seduction Training’

A FEMALE exec at a luxury champagne firm was allegedly told she…
Who was Thomas Crooks? One year later, motive and missed warnings haunt Trump rally shooting

Who Was Thomas Crooks? One Year On, Motive and Overlooked Alerts Still Linger in the Trump Rally Shooting

As we approach the anniversary of the attempt on President Donald Trump’s…
Anti-ICE Protestors Douse Themselves in Milk to Fight Off Pepper Spray at Cannabis Facility in California

Protesters Against ICE Use Milk to Counteract Pepper Spray at California Cannabis Facility

An extensive Immigration and Customs Enforcement (ICE) raid occurred at Glass House…
Florida woman Caroline Shaw arrested near Mar-a-Lago security checkpoint after saying she had an 'urgent message' for President Trump

Florida Woman Arrested Near Mar-a-Lago for Claiming She Had an ‘Urgent Message’ for Trump

A woman was taken into custody after she attempted to access Mar-a-Lago,…
Shanna Gardner's onto jailhouse snitches, even murderers and human traffickers

Shanna Gardner Targets Informants in Jail, Including Killers and Human Traffickers

On May 23, Gardner’s legal team submitted a motion requesting a court…