27 May 13:56
Major US stock indexes were set to open higher after President Donald Trump announced a delay on tariffs imposed on the European Union
Lara Maior

International
Foto Pixabay
Trump's announcement to postpone the deadline for trade talks with the European Union has led to a significant increase in optimism in financial markets. The price of gold fell more than 2%, while the yield on 10-year US government bonds fell to 4.473%, after holding at or above 4.5% for most of last week. The postponement of tariffs also led to an increase in global demand for government bonds.
Sources

Stocks set to surge after Trump resets E.U. tariff deadline

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