European shares have opened higher and US futures also rose After US President Donald Trump said he would delay a Threatened 50% tariff About goods from the European Union to July 9th.
Oil prices rose, while Asian stocks were largely lower.
Trump announced that after a call on Sunday with Ursula von der Leyen, the President of the European Commission, after a call on Sunday.
Last week, Trump said on social media that the trade talks with the European Union “nowhere” and that the “Straight 50%” tariffs could come into force on June 1st.
The future for the S&P 500 to 1.3%, while the Dow Jones Industrial Average rose through 1.1%.
Germany’s DAX increased 1.7% to 24,020.48 and the CAC 40 in Paris by 1.3% higher to 7,830.99.
The markets were closed in Great Britain for a vacation.
In Asian trade, Nikkei 225 rose by 1% to 37,531.53, while the Kospi increased 2% to 2,644.40 in SEoul.
However, most other regional markets decreased.
The Hong Kong Hang lost 1.4% to 23,282.33 and the Shanghai Composite Index fell 0.1% to 3,346.84.
Australia’s S&P/ASX 200 remained almost unchanged at 8,361.00.
Taiwan’s Taiex fell by 0.5% and the Sensex in India rose by 0.5%.
The US shares fell on Friday when the dealers weighed whether Trump’s recent threats only negotiated tactics.
The S&P 500 lost 0.7%to end itsWorst weekIn the last seven. The Dow Jones Industrial Average fell by 0.6% and the Nasdaq Composite fell by 1%.
Apple fell 3% and was the heaviest weight on the S&P 500 after Trump said that he got Apple CEO Tim CookMove the production of iPhonesto the United States. He warned that a tariff “has to be paid for at least 25% of Apple to the USA” if this is not the case.
Trump later clarified his post to say that all smartphones made abroad could be taxed and the tariffs could come by the end of June.
“It would also be Samsung and everyone who produces this product,” said Trump. “Otherwise it wouldn’t be fair.”
Trump criticizes companies individually when he is frustrated how they act because of its tariffs and because of the uncertaintyHis trade warhas created. He earliersaid Walmart should “eat the tariffs”,After the retailer said together with China that it would probably have to increase prices to cover the increased import costs.
Deckers Outdoor, the company behind the Hoka and Uggs brands, became one of the latestCompanies say all uncertainties in the economymeans that it does not offer financial forecasts for the entire coming year.
The share pulled 19.9%, although the company achieved a greater profit and sales than expected for the recent quarter.
Ross Stores fell by 9.8%after it had settled his financial forecasts for the entire year, and quoted how more than half of the goods they have sold in China are created.
On the Wall Street winning side was intuitive, which rose by 8.1% after the company had made a stronger profit for the recent quarter than expected.
Shares in the nuclear industry also gathered after Trump signed Executive OrdersAccelerate the nuclear licensingDecisions that should charge the industry, among other things. Oklo, which develops fast gap wages, rose by 23%.
Trump’s most recent tariff threats aroused Wall Street after restoring the most losses that had previously won because of the trade war. The S&P 500 fellAbout 20% below the recordAt some point in the last month, when the question was concerned about the question of whether Trump’s stiff tariffs would cause a global recession. The index thenrose from his all -time high within 3%After Trump had subjected his tariffs in many countries, especially in China.
In the other trade in early Monday, US Benchmark raw oil reached 43 cents to $ 61.96 per barrel. Brent Crude, the international standard, added 40 cents to USD 64.61 per barrel.
The US dollar rose from 142.48 yen to 142.81 Japanese yen. The euro rose higher to USD 1.1388 compared to USD 1.1367.
This story was originally on Fortune.com