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
July 2025 Full buck moon in Capricorn: steady surrender

July 2025 Full Buck Moon in Capricorn: Embrace Stability and Letting Go

There’s a full moon rising in the grit and grind, strive and shine sign of the…
Archaeologist unearths mysterious Christian settlement hidden away for centuries

Archaeologist Discovers Long-Lost Christian Settlement Hidden for Centuries

An archaeologist recently discovered what are likely the remains of a long-lost…
Retired Chicago firefighter Patrick McDermott, who saved 3 girls from burning building, finds kidney donor with ABC7 I-Team's help

Retired Chicago Firefighter Who Rescued Three Girls from Fire Gets Kidney Donor Thanks to ABC7 I-Team

CHICAGO (WLS) — In February, the ABC7 I-Team met with Patrick McDermott,…
New York ABSOLUTELY should ban masked 'protests'

New York Should Certainly Prohibit Masked ‘Protests’

Masked protestors took to the city streets, targeting Jewish neighborhoods, and voiced…
Funeral held for Marjay Dotson after video shows lifeguard Charles Leto allegedly shoot, kill him at Douglass Park

Funeral for Marjay Dotson takes place following video of lifeguard Charles Leto allegedly shooting him at Douglass Park

CHICAGO (WLS) — A teen shot and killed at a Douglass Park…
Man busted with anti-government, anti-Trump documents after Texas ICE ambush suspect phone call, feds say

Federal Authorities Claim Texas ICE Ambush Suspect Found with Anti-Government and Anti-Trump Documents

A man accused of tampering with evidence related to the attack on…
Construction workers reach safety after Los Angeles industrial tunnel partially collapses: ‘Everyone is safe’

Los Angeles Industrial Tunnel Partially Collapses, But All Construction Workers Are Safe

Officials are breathing a sigh of relief after more than 30 construction…
A Border Force vessel rescuing migrants from a small inflatable boat.

Witnessing 78 Migrants Cross to the UK with Farage: A Blow to ‘Stop the Boats’ Efforts

While Keir Starmer introduced his fresh agreement on managing small boats, I…
Karen Read asks Massachusetts court to throw out wrongful death lawsuit after murder acquittal

Karen Read Requests Massachusetts Court to Dismiss Wrongful Death Lawsuit Following Her Murder Acquittal

Karen Read, who was exonerated from murder charges last month concerning the…
Man in suit reviewing documents.

Evidence of Torture Discovered on Fired Putin Minister’s Body Before Alleged Suicide

The Kremlin has been charged with concealing the demise of a dismissed…
Trump Wins Massive Payout From CBS Over Kamala Interview Scandal, Details of Settlement Humiliate Network

Trump Dismisses Iran’s Recent Threats, Shares Anecdote About His Last Sunbathing Experience

In a spontaneous press briefing at the White House, President Trump fielded…

31 Workers Rescued Safely After LA Tunnel Collapse

LOS ANGELES (AP) — A total of thirty-one employees were safely evacuated…