Reported 1 day ago
European and Asian shares saw a modest rise on Tuesday as U.S. President Donald Trump hinted at potential changes to auto tariffs, while U.S. government bond yields steadied after last week's significant selloff. The positive sentiment in markets was bolstered by tariff exemptions on electronics and a rally in auto stocks, with the pan-European STOXX 600 index increasing by 0.8%. Despite these gains, analysts remained cautious due to ongoing uncertainties surrounding Trump's trade policies. Oil and gold prices also saw an uptick following Trump's tariff announcements.
Source: YAHOO