Reported about 6 hours ago
US equity futures surged while the dollar weakened after reports indicated that Donald Trump would not impose new tariffs immediately following his inauguration. Investors expressed relief as Trump's initial presidential memorandum would review trade policies without implementing new tariffs, impacting both domestic stocks and foreign exchange markets positively. The move has created speculation around potential fiscal policies and stimulus under the new administration, contributing to fluctuations in various financial assets.
Source: YAHOO