Trump delays decision to impose a 50% tariff on the EU, boosting optimism in the investment market.



Trump made the decision to postpone the tariffs on the European Union over the weekend, and this news acted like a shot of adrenaline for the market, quickly boosting investor confidence.

Immediately following the end of the Memorial Day holiday in the United States this past Monday, the market reopened with the continued fermentation of previous positive signals, and the U.S. stock market also welcomed a widespread rise on Tuesday.

This series of positive measures not only alleviated investors' concerns about the escalation of the trade war but also generated more expectations for the subsequent easing of bilateral economic and trade relations.

In the U.S. stock market on Tuesday, the Dow Jones Industrial Average rose nearly 740 points, while the S&P 500 and the Nasdaq Composite Index increased by 2.05% and 2.47% respectively. Technology stocks performed particularly well, with companies like Nvidia, Tesla, and Apple seeing varying degrees of price increases.

The decision to delay the imposition of tariffs on the European Union was made by President Trump after meeting with European Commission President Ursula von der Leyen. Trump announced over the weekend via social media that the planned increase of 50% tariffs, originally set to take effect on June 1, would be postponed until July 9, a decision that has also relieved the markets.

In addition, the rebound in consumer confidence in May further boosted market optimism. After five consecutive months of decline, the recovery of consumer confidence is undoubtedly a positive signal. This optimistic sentiment has also spread to the bond market, with U.S. Treasury prices rising and yields falling. The yield on the 10-year Treasury dropped to 4.43%, while the yield on the 30-year Treasury fell to 4.94%.

This week, investors' attention will turn to a series of economic data and earnings reports. On Wednesday, earnings reports from companies such as Nvidia, Okta, Macy's, and Costco will also become the focus of the market.

Meanwhile, Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, called on the central bank to maintain stable interest rates amid ongoing trade uncertainties.

Overall, Trump's delay in deciding on tariffs against the EU has brought stable optimism to the market. However, investors still need to remain vigilant and closely monitor various uncertainties under the global economic situation to cope with potential market fluctuations that may arise at any time.

#关税政策 # Market Sentiment #Economic Situation
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