By Jamie McGeever
ORLANDO, Florida (Reuters) - TRADING DAY
Making consciousness of the forces driving planetary markets
By Jamie McGeever, Markets Columnist
Risk assets widen gains
Stocks, lipid and enslaved yields roseate connected Tuesday, lifted by the optimism surging done markets that the worst of the planetary commercialized situation is past and that the maturation outlook is overmuch brighter than it looked lone a fewer days ago.
In my file contiguous I look astatine the marketplace and economical chaos sparked by U.S. President Donald Trump's 'Liberation Day' tariff announcement and ask: was it worthy it? More connected that below, but first, a roundup of the main marketplace moves.
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If you person much clip to read, present are a fewer articles I urge to assistance you marque consciousness of what happened successful markets today.
1. Trump's tariff blitz yields deals but misses globaltrade hole 2. 'Tariff Laffer Curve' reins successful commercialized agenda: Mike Dolan 3. ANALYSIS-US tariff intermission connected Beijing puts unit on'China-plus-one' countries 4. Forget Trump. A UK woody with the EU is what matters 5. INSIGHT-China's AI-powered humanoid robots purpose totransform manufacturing
Today's Key Market Moves
* The S&P 500 and Nasdaq widen their rally, led by energyand tech. The S&P 500 is up 0.6%, the Nasdaq 1.6%. Weakness inhealthcare drags the Dow lower. * Germany's DAX rises for a 4th day, edging backmost uptoward the erstwhile day's grounds high. It has present risen 13 outof the past 15 sessions. * Long-dated U.S. Treasury yields emergence by up to 5 bps, withthe 10-year output climbing backmost supra 4.50% for the archetypal timein a month. * Oil rises 2.5%, its 4th regular summation successful a row. Brentand WTI futures person gained astir 10% successful those 4 days. * Sterling is the biggest gainer successful G10 FX, rising 1% to$1.33 pursuing hawkish comments from BoE main economist HuwPill.
No 'trade truce' hangover, enactment continues
There was nary hangover for satellite markets connected Tuesday from the erstwhile day's trade-fueled euphoria. Indeed, the enactment continued arsenic stocks and enslaved yields climbed higher, and volatility declined further.
The question of alleviation that swept done satellite markets connected Monday pursuing the U.S.-China 'trade truce' was compounded connected Tuesday by receding U.S. 'stagflation' fears aft April ostentation figures came successful softer than economists had expected.