Hong Kong – European actions have opened higher and US future threatened 50% rate On goods from the European Union to July 9.
Oil prices increased, while Asian actions were mostly lower.
Trump announced the decision to retreat the greatest import tariffs after a call on Sunday with Ursula von der Leyen, president of the European Commission, who said “wants to reach serious negotiations,” according to the count of the president of the United States.
Last week, Trump said on social networks that commercial conversations with the European Union “did not go anywhere” and that the “50%followed” rates could go into force on June 1.
The future for the SANDP 500 won 1.3%, while the industrial average Dow Jones advanced 1.1%.
Dax of Germany added 1.7% to 24,020.48 and CAC 40 in Paris was 1.3% higher than 7,830.99.
The markets closed in Britain for a vacation.
In Asian trade, Nikkei 225 of Tokyo rose 1% to 37,531.53, while the Kospi in Seoul collected 2% to 2,644.40.
But most other regional markets decreased.
Hang Seng from Hong Kong lost 1.4% to 23,282.33 and the Shanghai compound index fell 0.1% to 3,346.84.
AustraliaANDP/ASX 200 did not change to 8,361.00.
Taiwan’s Taiex fell 0.5% and Sensex in India won 0.5%.
On Friday, US actions fell when merchants weighed if Trump’s last threats were only negotiating tactics.
The sANDP 500 lost 0.7% to end their Worse week in the last seven. The industrial average Dow Jones fell 0.6% and the compound Nasdaq sank 1%.
Apple fell 3% and it was the heaviest weight in the SANDP 500 after Trump said he has been pressing Apple’s CEO, Tim Cook Move iPhones production to the United States. He warned a tariff “of at least 25% must be paid by Apple to the United States” if not.
Later, Trump clarified his position to say that all smartphones made abroad would be taxed and that tariffs could come as soon as the end of June.
“It would also be Samsung and anyone who does that product,” Trump said. “Otherwise, it would not be fair.”
Trump has been criticizing companies individually when they are frustrated with how they are acting due to their tariffs and uncertainty His commercial war has created. The before He told Walmart that he should “eat rates” Together with China, after the retailer said he would probably have to increase prices to cover the highest cost of imports.
Deckers Outdoor, the company behind the Haka and UGGS brands, became one of the last Companies to say all the uncertainty about the economy It means that it will not offer financial forecasts for the next year.
Their shares show 19.9%, despite the fact that the company reported a stronger gain and income for the last quarter of the expected.
Ross stores fell 9.8% after they withdrew their financial forecasts throughout the year, citing how more than half of the goods they sell originate in China.
On the winning side of Wall Street was Intuit, which increased by 8.1% after the company behind Turbotax and Credit Karma reported a stronger gain for the last quarter of what analysts expected.
The actions in the nuclear industry also joined after Trump signed executive orders for Accelerate nuclear license decisions, among other measures aimed at collecting the industry. Oklo, which is developing fast fission energy plants, jumped 23%.
Trump’s latest tariff threats woke up on Wall Street after recovering most of the losses he had taken before due to the commercial war. The sANDP 500 falls approximately 20% below your record At one point last month, when the concerns were at their peak on whether Trump’s rigid tariffs would cause a global recession. The index then Rose again within 3% of its maximum of all time After Trump stopped his tariffs in many countries, especially China.
In other operations in the early morning, the Crude Ee reference oil. Uu won 43 cents at $ 61.96 per barrel. Brent Crude, the international standard, added 40 cents to $ 64.61 per barrel.
The US dollar advanced to 142.81 Japanese yen from 142.48 yen. The euro exceeded $ 1,1388 from $ 1,1367.
