World shares are mixed and US futures jump ahead of Wall St reopening from holiday
  • May 26, 2025

World shares are mixed and US futures jump ahead of Wall St reopening from holiday

Data on U.S. consumer confidence and housing prices were due later in the day. The future for the S&P 500 was up 1.2% and that for the Dow Jones Industrial Average gained 1.1% after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9. In Asian trading, Japan's Nikkei 225 reversed early losses to gain 0.5%, closing at 37,724.11 after the central bank's said he anticipates raising interest rates in coming months due to inflationary pressures.

World shares are mixed and US futures jump ahead of Wall St reopening from holiday
  • May 26, 2025

World shares are mixed and US futures jump ahead of Wall St reopening from holiday

Data on U.S. consumer confidence and housing prices were due later in the day. The future for the S&P 500 was up 1.2% and that for the Dow Jones Industrial Average gained 1.1% after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9. In Asian trading, Japan's Nikkei 225 reversed early losses to gain 0.5%, closing at 37,724.11 after the central bank's said he anticipates raising interest rates in coming months due to inflationary pressures.

Shares mixed, dollar struggles on Trump's chaotic tariffs
  • May 26, 2025

Shares mixed, dollar struggles on Trump's chaotic tariffs

SINGAPORE (Reuters) -Shares were mixed on Tuesday as U.S. President Donald Trump's postponement of his threatened 50% duties on European Union shipments reinforced the unpredictability of his trade policies and kept investor sentiment fragile. Wall Street futures and FTSE futures were up sharply in the Asian session, following a holiday in the U.S. and the UK at the start of the week, though shares elsewhere reversed their short-lived rally. Nasdaq futures and S&P 500 futures each rose 0.9%, while FTSE futures tacked on 0.87%, pointing to a strong open during the cash sessions later in the day following Trump's U-turn on his threat to impose 50% tariffs on imports from the EU next month, restoring a July 9 deadline.

Stimulus helps drive China's industrial profits as trade risks loom large
  • May 26, 2025

Stimulus helps drive China's industrial profits as trade risks loom large

BEIJING (Reuters) -China's industrial profits picked up pace in April, official data showed on Tuesday, giving policymakers cause for optimism that recent stimulus efforts are helping to keep the economy afloat despite trade tensions with the United States. U.S. President Donald Trump's decision to single China out in his global trade war has stirred significant worries about an economy that has been reliant on an export-led recovery to drive momentum in the face of weak domestic demand and deflationary pressures. Industrial profits rose 1.4% year-on-year in the January-April period, according to data released by the National Bureau of Statistics (NBS).

Dollar stutters as US tax bill stirs anxiety over debt; yen gains
  • May 26, 2025

Dollar stutters as US tax bill stirs anxiety over debt; yen gains

TOKYO (Reuters) -The dollar struggled on Tuesday to regain its footing as investor concerns over a sweeping tax and spending bill and its implications for the U.S. debt profile added to the recent erosion of confidence in American assets. The euro gained on Monday while the United States was on holiday, after U.S. President Donald Trump delayed the imposition of tariffs on Europe. The yen was underpinned by comments from the Bank of Japan governor that kept alive chances for interest rate hikes later this year.

Is Palantir a Millionaire-Maker Stock?
  • May 26, 2025

Is Palantir a Millionaire-Maker Stock?

Palantir's stock price continues to soar as businesses and governments bet on AI and data analytics. Palantir Technologies (NASDAQ: PLTR) highlights the potential life-changing impacts of stock market investing. If you had invested $10,000 into the data analytics company three years ago, you would have a jaw-dropping $151,000 day -- a return of roughly 1,400%.