Reported 2 days ago
Asian markets and Wall Street futures rebounded following a U.S. federal court's decision to block President Trump's 'Liberation Day' tariffs, deeming them overreach of his authority. The ruling sparked optimism among investors, pushing the Japanese Nikkei up 1.7% and South Korean shares to a nine-month high. The White House plans to appeal the ruling, but it may deter U.S. trading partners from engaging in negotiations, as market sentiment flourished with the news.
Source: YAHOO