
European stock exchanges mull 24-hour trading to attract retail investors amid U.S. boom

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39 minutes ago
- Yahoo
‘Risk-on'! Stocks jump as EU and Japan trade deals give markets the certainty they crave
Markets rallied as the U.S. moved closer to trade deals with Japan and the EU, bringing much-certainty after months of President Trump's volatile tariff threats. The S&P 500 hit a new record and futures are up prior to the opening bell. Stocks rose across Europe and Asia this morning. With uncertainty easing, investor risk appetite has increased, according to Deutsche Bank and Goldman Sachs. The S&P 500 delivered yet another new record high yesterday, closing up 0.8% at 6,358.91. S&P futures are calling for more gains this morning. Markets in Europe, Japan, and China are all up this morning. Why the joy? Because the uncertainty caused by Trump's tariff negotiations / threats / demands / letters is finally clearing away. Yesterday markets digested the proposed trade deal with Japan (15% tariffs plus some other stuff) and this morning there are reports that the EU is closing on a deal (again, 15% tariffs plus some other stuff). Those rates are half what Trump initially proposed. The TACO trade (Trump Always Chickens Out) appears to be in full effect, for anyone who was long on stocks. Japan and Europe are two of the U.S.'s largest trading partners and now that the markets have some certainty around trade, it's back to 'risk-on' for investors, according to Jim Reid's team at Deutsche Bank. 'The risk-on tone has continued over the last 24 hours, with the S&P 500 (+0.78%) at a fresh record thanks to growing optimism that more trade deals would be reached before August 1. The initial catalyst was the US-Japan deal we woke up to this time yesterday, with both European and US risk assets rallying as they caught up to the news. But around the time that European markets were going home, an FT headline said that the EU and the US were closing in on a similar deal that would also put 15% tariffs in place,' he wrote. 'If a 15% total rate inclusive of existing tariffs is agreed as suggested, this would mark only a marginal increase compared to the 10% additional tariffs that EU exports to the US have faced since Liberation Day but with certainty about the future.' The key word there is 'certainty'. It's what the markets want. The other uncertain issue that's now in the rearview mirror is Trump's fiscal spending/debt bill. 'The passage of the 'One Big Beautiful Bill' removes one major source of policy uncertainty by extending key expiring provisions of the Tax Cuts and Jobs Act (TCJA), thereby averting a fiscal cliff worth 1% of GDP in 2026–27,' Gregory Daco at Parthenon-EY told clients. With certainty back on the table, 'risk appetite is up,' according to Christian Mueller-Glissmann and Andrea Ferrario at Goldman Sachs. The bank's proprietary 'Risk Appetite Indicator' had been floundering below -1 on the scale for much of the year but has now poked its head back into positive territory. Here's a snapshot of the action prior to the opening bell in New York: S&P 500 futures were flat this morning, premarket, after the index closed up 0.78% yesterday. STOXX Europe 600 was up 0.58% in early trading. The UK's FTSE 100 was up 0.85% in early trading. Japan's Nikkei 225 was up 1.59%. China's CSI 300 Index was up 0.7%. India's Nifty 50 was down 0.51%. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
41 minutes ago
- Yahoo
Lessor Avolon orders 90 Airbus aircraft to bring total on order above 400
By Padraic Halpin DUBLIN (Reuters) -Global leasing giant Avolon said on Thursday it was ordering 75 A321neo and 15 A330neo aircraft from Airbus, bringing the number of aircraft it is due to receive from the European planemaker over the next eight years to 413. Dublin-based Avolon, the world's second-largest aircraft lessor, said the order included further purchase rights for 25 A321neos and options to buy 15 A330neos. It follows large orders it placed with both Airbus and Boeing in 2023. "We continue to see very strong demand for aircraft. We expect that trend to continue and we expect that demand to outstrip supply of aircraft over the coming years," Avolon Chief Executive Andy Cronin told Reuters. Cronin added that Avolon was also close to placing all of the 40 existing A330neo it has on order with airlines. Avolon was a launch customer for the wide-body jet in 2014. The aircraft leasing sector is responsible for around half of the planes on order with Airbus and Boeing. "Lessors are excellent barometers of the aircraft market. This endorsement illustrates the strong attractiveness to a wide variety of customers of these two aircraft," Benoit de Saint-Exupery, senior vice president of sales at Airbus' commercial aircraft business, said in a statement. Avolon, a subsidiary of China's Bohai Leasing Co Ltd, is due to start taking delivery of around 70 aircraft a year from the two main manufacturers over the next year or so. Cronin said he was confident most of those planes would be delivered on time in 2026 and 2027, but that he would be "fairly surprised" if they all arrived on schedule. Avolon also reported a 36% year-on-year increase in net income in the second quarter on Thursday, the first full quarter to include last year's $5 billion acquisition of smaller rival Castlelake Aviation Limited. Cronin said Avolon was seeing "very, very robust growth" for air travel across the world.
Yahoo
44 minutes ago
- Yahoo
Tesla, Inc. (TSLA): Vehicle Deliveries Are 'Irrelevant,' Says Jim Cramer
We recently published . Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed. Tesla, Inc. (NASDAQ:TSLA) is one of Cramer's most frequently discussed stocks. While the shares have struggled in 2025 and have lost 12.4% year-to-date due to worries about the firm's vehicle deliveries, Cramer has maintained that there's more to it than cars. The CNBC TV host believes that Tesla, Inc. (NASDAQ:TSLA) will significantly benefit from tailwinds from humanoid robots and self-driving cars. He kept up this tone this time around as well: '[On BofA raising target on cash position and saying Tesla deliveries are going to make the week's print] Listen that's irrelevant. What matters is this that they have a vision. What's the vision? It's robots. Uh, autonomous. And if you want to be small-minded and focus on autos, I think you'll miss a big move. Now, am I being facetious? No. I mean this is the new market.' Hadrian / Cramer discussed Tesla, Inc. (NASDAQ:TSLA)'s position after President Trump's tariffs on copper: 'Okay so Tesla has a 180 pounds of copper. These electric vehicles are filled with copper. And a typical ICE vehicle has far fewer. Now candidly, Musk is trying to get this down to 40 pounds. But if you didn't know better you would say boy this is really aimed at, at Tesla. . . If I were Elon, which I'm most certainly not. . .I would say holy, he's coming after me, I'm a copper user. But everybody uses copper. . . most of the world's copper is used by China.' While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 登入存取你的投資組合