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
Texas flood: Search for missing flood victims is personal for local volunteers in Hunt

Search for Missing Flood Victims in Texas Becomes Personal for Hunt Volunteers

HUNT, Texas (KTRK) — Crews from various regions are aligning along the…
Native Hawaiian man could face longer prison sentence after conviction for hate crime against white man

Hawaiian Man May Receive Extended Sentence for Hate Crime Conviction Against White Man

A Native Hawaiian man who had been found guilty of a hate…
Trump wants mass deportations, but US views of immigration are more positive since he took office

Trump Advocates for Mass Deportations, Yet American Opinions on Immigration Have Grown More Favorable Since His Presidency

WASHINGTON (AP) — Mere months after President Donald Trump’s return to office…
America's 'most hated mom,' Casey Anthony, spotted on apparent date at sports bar

Casey Anthony Seen on Outing at Local Sports Bar: Reports

New images show “America’s most hated mom,” Casey Anthony, out on what…
Las Vegas woman describing shark attack in Florida.

Woman Attacked by Shark in Florida, Suffers Large ‘Barracuda-Sized Bite’ During Her First Visit

A VISITOR was severely injured when a shark bit her during her…
Photo of a Chinese citizen detained in Kyiv, Ukraine, for allegedly attempting to export classified documents.

Ukraine Detains Chinese Father and Son Accused of Spying on Long-Range Missile Program

A CHINESE dad and his son have been accused of attempting to…
Moderna Vaccine Dangers: What You Should Know

Understanding the Risks Associated with the Moderna Vaccine

The U.S. Food and Drug Administration granted full approval to Moderna’s COVID-19…
'King of the Hill' Revival': Hank and Peggy return after 15 years to a changed Arlen in season 14 first look - see trailer

“King of the Hill Returns: Hank and Peggy Re-emerge in a Transformed Arlen After 15 Years – Watch the Season 14 Trailer”

Hank and Peggy Hill return to a changed Texas, and a new…
Admiral Kuznetsov aircraft carrier in the English Channel.

Russia’s Sole Ailing Aircraft Carrier, Once Struggling Through the Channel, Set to Be Retired

VLADIMIR Putin’s only rustbucket aircraft carrier that struggled through the Channel is…
Trump to tour Texas flood damage as the scope of the disaster tests his pledge to shutter FEMA

Trump Visits Texas to Assess Flood Damage amid Challenges to His Promise to Close FEMA

As President Donald Trump travels to Texas on Friday to witness the…
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…
'Oversight can't be scheduled': Florida lawmakers sue DeSantis over 'Alligator Alcatraz' access

“Florida Lawmakers Sue DeSantis Over Access Issues to ‘Alligator Alcatraz'”

The five lawmakers, all Democrats, were turned away from entering the facility…