European markets closed higher on Tuesday as investors continued to assess the scope and breadth of U.S. President Donald Trump's trade tariffs. The pan-European Stoxx 600 index closed 0.67% higher, with most sectors and all major bourses in positive territory.Germany's DAX led regional gains, up 1.13%, after a survey showed improved business sentiment in the conuntry. German biotech firm Bayer rose more than 5%, recovering from a 7% loss in the previous session after announcing over the weekend that it had been ordered by a U.S. court to pay $2.1 billion in damages relating to its Roundup...
The S&P 500 posted a slim gain on Tuesday as investors built on the previous session's gains, which were largely sparked by hopes of U.S. tariffs being narrower in scope. The broad market index added 0.16% to close at 5,776.65, while the Nasdaq Composite gained 0.46% and ended at 18,271.86. The Dow Jones Industrial Average crept higher by 4.18 points, or 0.01%, to settle at 42,587.50. Investors largely looked past the March consumer confidence data released Tuesday, which reflected a significant drop in U.S. consumers' near-term outlook on income, business, and job conditions. The...
Asia-Pacific markets opened higher on Wednesday, tracking gains on Wall Street on expectations that U.S. President Donald Trump's tariffs could be softer than previously expected. Australia's S&P/ASX 200 opened 0.71% higher. Japan's Nikkei 225 rose 0.63% at the open, while the Topix gained 0.39%. South Korea's Kospi rose 0.38% while the small-cap Kosdaq traded 0.28% lower. Hong Kong's Hang Seng Index futures were at 23,478, also higher than the HSI's last close of 23,344.25. The White House's planned tariffs set for April 2 are expected to be limited in scope, according to reports...