Reported 8 days ago
Asian and European stock indexes experienced significant gains following President Donald Trump's announcement to pause reciprocal tariffs for 90 days for all trading partners, excluding China. Despite the initial boost in stock markets, U.S. stock futures are down as investors react to the previous day's surges. The 10-year Treasury yield is also falling after reaching its highest levels since mid-February. Economists suggest that while the pause is a relief, existing tariffs on U.S. imports from China and other markets could still impact the economy.
Source: YAHOO