Trump, Copper and Tariff
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Futures data from IG suggests regional markets will open higher, with London's FTSE 100 expected to open 34 points higher at 8,902, Germany's DAX up 60 points at 24,580 and France's CAC 40 up 19 points at 7,897. Italy's FTSE MIB is seen opening 60 points higher at 40,934.
The breakout zone for Nifty stands at 25,550, above which it could rally to 25,650-25,725. On the flip side, a dismissal of 25,400 could accelerate selling pressure, as per experts
The S&P 500 and Nasdaq Composite pulled back from record levels as investors await President Trump’s new trade deals and tariff updates. Tesla shares sank after CEO Elon Musk jumps back into politics.
Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.
By Sukriti Gupta and Sanchayaita Roy (Reuters) -European shares were mixed on Tuesday as investors assessed the latest phase of U.S. President Donald Trump's tariff rollout, which included new proposals for several countries and a new deadline for trade deals.
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Newsable Asianet News on MSNTrump Sets August 1 Start Date For 50% Copper Tariff On National Security Grounds, Vows To Reverse Biden's 'Stupidity'A Bloomberg report revealed that copper traders are scrambling to redirect shipments into Hawaii and Puerto Rico to beat the tariff deadline.