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Stocks Touch Record as Trade Deal Boosts Sentiment: Markets Wrap
Stocks Touch Record as Trade Deal Boosts Sentiment: Markets Wrap

Bloomberg

time02-07-2025

  • Automotive
  • Bloomberg

Stocks Touch Record as Trade Deal Boosts Sentiment: Markets Wrap

Stocks touched a record high in a sign of firming risk sentiment after President Donald Trump said he reached a trade deal with Vietnam. Asian equity futures were little changed. An MSCI gauge of global shares set a new peak after the S&P 500 rose 0.5% to a new high Wednesday. The Nasdaq 100 gained 0.7% as tech outperformed. News of a trade deal supported apparel stocks including Nike Inc. amid hopes the latest accord will avert a potential supply-chain catastrophe. Tesla Inc. jumped 5% as a drop in sales was seen as better than feared.

Emerging Assets Gain as Mideast Tension Eases with Ceasefire
Emerging Assets Gain as Mideast Tension Eases with Ceasefire

Bloomberg

time24-06-2025

  • Business
  • Bloomberg

Emerging Assets Gain as Mideast Tension Eases with Ceasefire

Emerging market assets advanced after US President Donald Trump announced a ceasefire between Israel and Iran, bolstering risk sentiment across the region. MSCI's gauge of emerging market currencies, a total return index that includes interest earned, rose 0.4% on Tuesday during Asian trading. The South Korean won and the Philippine peso led the advance. A regional stock index surged as much as 1.6%, while South Korea's Kospi jumped 2.8%.

Global Markets Mixed; U.S. Markets Resume After Holiday
Global Markets Mixed; U.S. Markets Resume After Holiday

Wall Street Journal

time20-06-2025

  • Business
  • Wall Street Journal

Global Markets Mixed; U.S. Markets Resume After Holiday

Global markets were mixed Friday after the U.S. holiday, with contract expiries adding some complexity to moves in oil. U.S. stock futures pointed to a slightly weaker open when trading resumes, even after President Trump's delay to a decision on U.S. involvement in the Israel-Iran conflict improved risk sentiment a touch elsewhere. Oil pared recent gains, the dollar edged lower and Treasurys were pretty much flat early in Europe.

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