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Stock Market Rallies as Trump Pauses Tariffs in High-Stakes EU Trade War
Stock Market Rallies as Trump Pauses Tariffs in High-Stakes EU Trade War
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Global markets surged this week after the Trump administration delayed imposing harsh tariffs on the EU, sparking Optimism among traders. The Dow, S&P 500, and Nasdaq all posted significant gains as fears of an escalating trade war subsided. Consumer confidence rebounded after a five-month decline, further fueling the rally.
Bond yields dipped while the dollar strengthened, signaling potential stabilization in the global economy. The market’s swift reaction underscores its sensitivity to trade policy shifts. Meanwhile, US Treasury receipts saw unusual activity, hinting at lingering volatility beneath the surface.
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