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U.S. stock futures were little changed Tuesday night, as investors awaited earnings results from Nvidia, after the Dow Jones Industrial Average snapped a four-day losing streak.
Dow futures rose by 21 points, or less than 0.1%. S&P 500 futures gained 0.03%, while Nasdaq 100 futures added 0.02%.
NEW YORK: Wall Street surged on Tuesday as investor risk appetite was buoyed by U.S. President Donald Trump’s latest tariff respite and an unexpected jump in consumer confidence.
A broad rally sent all three major U.S. stock indexes higher, with strength in the AI-related “magnificent seven” group of momentum stocks putting the tech-laden Nasdaq out front.
» Read more about: US Stocks: US stocks end sharply higher on Trump's tariff reprieve »
Asian shares were mostly higher on Tuesday after President Donald Trump’s decision to delay a 50% tariff on goods coming from the European Union sparked a rally on Wall Street.
U.S. futures were little changed and oil prices rose.
Japan’s Nikkei 225 gained 0.5% to 37,918.86 and traders were awaiting the outcome of an auction of 40-year Japanese government bonds.
» Read more about: Asian shares are mostly higher after S&P 500 rallies 2% »
According to a recent Allianz Life survey, 51% of Americans admitted to being worried about another stock market crash and 67% were worried that their short-term investments didn’t have adequate returns to fight against inflation.
» Read more about: How To Protect Your Money From a Stock Market Crash at Every Age »
Indian stock market: Both Indian indices – Sensex and Nifty – is likely to open in red on Wednesday despite market rally in global markets after U.S. President Donald Trump extended the deadline for a 50% tariff on European Union imports until July 9.
Asian markets saw a significant rally on Wednesday after Wall Street extended gains on investor optimism.
BOXER Delicious Orie has announced his shock retirement from the sport.
The 27-year-old won gold medals at the 2022 Commonwealth and 2023 European Games.
His success in the amateurs saw him represent Team GB in the Paris Olympics last year and he became Anthony Joshua’s sparring partner.
Gold, silver prices in your city, May 28: The commodity markets has seen prices slip amid a more steady international trade scenario, but despite the dips, experts note that gold and silver are safe haven investment options that can insulate your portfolios against the uncertain market forces.
According to Manav Modi,
Warren Buffett in 2020 got Berkshire Hathaway BRKBRK to borrow yen at roughly 0.5 percent, bought five Japanese blue-chip trading houses paying total shareholder yields of 7-8 percent, and turned it into what investment fund manager Mohnish Pabrai describes as a ‘no-brainer’ with ‘infinite return.’
What Happened: Warren Buffett marked his 90th birthday by quietly amassing just over 5 percent of each of Japan’s five largest trading companies — Itochu ITOCY,
Tesla (NASDAQ:TSLA) has seen its prospects dim in recent months, with global sales tumbling, a trend that appears to have persisted through the second quarter. Tesla’s sales in China for the quarter are running approximately 10,000 units behind the same period last year, even with record incentives and the new Model Y already in full-scale production.
» Read more about: Tesla Stock Wins a New Street-High Price Target »