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
Violent criminal gangs have 'near-total control' of world nation's capital, UN says

UN Reports That Criminal Gangs Almost Completely Dominate the Nation’s Capital

Haiti’s criminal organizations have taken “near-total control” over the capital city, as…
Good Samaritan rescues 9-year-old kidnapped along Jacksonville road, police say

Police Report: Kind Stranger Saves 9-Year-Old Kidnapped on Jacksonville Road

Authorities reported that 22-year-old Mikaya Williams forced the child into her car…
Zarah Sultana speaking at a strike rally.

Zarah Sultana Leaves Labour to Form New Political Party with Jeremy Corbyn and Independent MPs

A LABOUR MP has resigned after 14 years and vowed to co-lead…
Dr. Phil Merit Street Media files for bankruptcy sues Trinity Broadcasting

Dr. Phil’s Merit Street Media Declares Bankruptcy and Initiates Lawsuit Against Trinity Broadcasting

On Wednesday, Dr. Phil McGraw’s media company based in Texas declared bankruptcy…
Katy Perry, Orlando Bloom split months ago, Bloom was flirty

Katy Perry and Orlando Bloom End Relationship Months Ago Amid Reports of Bloom’s Flirtatious Behavior

Katy Perry and Orlando Bloom secretly parted ways earlier this year —…
Is Target open on the 4th of July? Costco? Starbucks?

Target, Costco, and Starbucks: Independence Day Hours and Closures

Although some stores might have shortened hours, there are still opportunities for…
$20M worth of cocaine, marijuana intercepted by Coast Guard

Coast Guard Seizes $20 Million in Cocaine and Marijuana

The U.S. Coast Guard (USCG) says they have intercepted over $20 million…
Akuseki Island, Japan, viewed from the sea with a boat.

Isolated Earthquake-Stricken Islands Endure 900+ Quakes, Leaving Residents Sleepless

A REMOTE island chain has been rocked by more than 900 terrifying…
Fireworks igniting a house fire.

Massive Fireworks Blast Ignites Four Houses with Sparks Raining Down, Leaving Woman Critically Injured

DRAMATIC footage shows fireworks exploding in a neighborhood on the eve of…
Hamas 'serious' about reaching ceasefire agreement but insists on long-standing demands

Hamas Committed to Ceasefire Deal While Upholding Key Demands

Hamas announced on Wednesday its willingness to agree to a ceasefire with…
David Stearns keeping 'every option' open with Mets pitching

David Stearns Considering All Possibilities for Mets Pitching Strategy

The Mets’ rotation reinforcements are on the way, just not immediately for…
Colorado man sentenced to life in prison for DUI that killed Air Force veteran, injured his children

Colorado Resident Receives Life Sentence for Fatal DUI Accident Involving Air Force Veteran and Injuring His Kids

A Colorado man found guilty of killing an Air Force veteran while…