The US stock markets. UU. They shot on Tuesday as optimism grew on a possible commercial agreement between the United States and the European Union, after the decision of President Donald Trump to postpone the implementation of 50% of tariffs on EU imports.
The Dow Jones industrial average rose approximately 0.7%, earning almost 300 points, while the S&P 500 advanced by 1%. The Nasdaq compound led the profits, increasing 1.3%, driven by strong performance in the technological sector. This rebound occurs after the closure of the market on Monday for the day of the fallen and seeks to recover losses recorded last Friday in the midst of investors’ relief about the ease of commercial tensions.
On Monday, the European Union agreed to accelerate fees negotiations with the United States, indicating a decalcalation in the imminent transatlantic commercial conflict. This followed Trump’s announcement on Sunday that the increased tariffs of 50%will originally begin on June 1, it would be delayed until July 9 to facilitate faster and faster discussions.
Also read: This week in Wall Street: Trump’s rates escalation, NVIDIA results and Fed’s key inflation meter
Meanwhile, the United States treasure yields decreased as the global bond markets stabilized. The 30 -year treasure yield fell into nine basic points to almost 4.95% before settling just below 4.98%. This decrease was influenced by the reports that Japan intends to reduce its bond sales after the recent market turbulence pushed the government’s debt yields to the maximum of multiple decades.
Investors are closely monitoring a week occupied ahead, with scheduled economic data launches, including requests for durable goods, real estate market reports and consumer confidence rates. Federal Reserve officials are also expected to maintain current interest rates, providing greater market clarity. In addition, the attention remains in the contentious tax bill of President Trump, who approved the Chamber Little last week.
In corporate news, Nvidia (NVDA) shares increased after the company’s reports that developed a more affordable chip adapted for the Chinese market. Nvidia is ready to inform her long -awaited quarterly profits on Wednesday. Other notable companies that published profits this week include OKTA (OKTA), Macy’s (M) and Costco (Cost).
Follow the live updates here …
(Tagstotranslate) Today’s Values ​​Market (T) Dow Jones Stock Rally 2025 (T) S & P 500 Market Profit May 2025 (T) Nasdaq Tech Stocks arises (T) Trump Trump Delays of the EU Tariffs Impact
Source link