google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
USA

Stocks rise and US copper prices hit record high as Donald Trump threatens 50% tariff

Investors digested Trump’s latest trade announcements for copper, 50% tariff and semiconductors and drugs, while the recent trade announcements, including taxes, were mixed overnight.

Nikkei (^n225) increased by 0.3% per day in Japan, while Hang Seng (^HSİ) fell 1.1% in Hong Kong. Shanghai Composite (000001.S) fell by 0.1% at the end of the session.

KOSPİ in South Korea (^Ks110.6% added per day.

Japan and South Korea’s major US commercial partners in the region come as it is confronted with a deadline dated 1 August to reach a trade agreement or exposure to new tariff rates, but Trump sent mixed signals about how flexible this date is.

On Monday, Trump said on Tuesday that “no extension will be given,” he said, “solid, but not 100% solid” before he hardened his posture.

In other places, the latest inflation data from China was launched overnight, which fell by 3.6% annually (compared to the expected 3.2% decrease). This is the 33th consecutive prices and the biggest decline rate in 23 months.

However, consumer prices unexpectedly increased by 0.1%and pointed to the first inflationary reading since January.

In front of the pond in the Wall Street, Dow Jones (^DJI) fell to 0.4%, 44.240.76, S&P 500 (^Gspc) fell 0.1%, returned for a second day and technology-heavy Nasdaq (^ixic) was flat at 20.418.46.

Meanwhile, the US dollar was traded for nearly two and a half weeks, while Copper reached the summit of all time after the Donald Trump expanded the global trade war.

In the bond market, the return on 10 -year US Treasury grades rose from 4.383% to 4.410% on Monday.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button