Market Rally: U.S. Stock Futures Surge on Trump's Delay of EU Tariffs

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ICARO Media Group
Politics
26/05/2025 22h41

**U.S. Stock Futures Surge as Trump Delays EU Tariffs**

Stock futures saw a significant increase Monday night following President Donald Trump's decision to postpone the imposition of a 50% tariff on European Union goods. The announcement came after a weekend agreement to extend the deadline, initially set for June 1, to July 9. This decision was influenced by a request from Ursula von der Leyen, President of the European Commission.

In response, Dow Jones Industrial Average futures soared, adding 455 points, which translates to a 1.1% rise. Similarly, S&P 500 futures climbed by 1.2%, while Nasdaq 100 futures saw a 1.4% bump. According to Naeem Aslam, investing chief at Zaye Capital Markets, while this delay offers a short-term uplift to futures markets, lingering apprehensions about trade relations and pending economic indicators continue to affect investor sentiment.

This uptick follows a challenging week for Wall Street, where all three major indexes—the Dow, S&P 500, and Nasdaq Composite—experienced declines exceeding 2%. Investors had been particularly uneasy due to Trump's proposed EU tariffs and concerns surrounding Apple. The U.S. stock market remained closed on Monday in honor of Memorial Day.

Traders will closely monitor upcoming economic data related to durable goods, housing, and consumer confidence due on Tuesday. Additionally, insights from Minneapolis Federal Reserve President Neel Kashkari and New York Fed President John Williams are highly anticipated. Market participants will also keep an eye on earnings reports from companies like Okta, Nvidia, Macy’s, and Costco later this week. Notably, over 95% of S&P 500 companies have reported their earnings this season, with nearly 78% surpassing analyst expectations, as per data from FactSet.

In the previous week, major indices posted noteworthy losses; both the Dow and Nasdaq Composite slid around 2.5%, while the S&P 500 dipped by 2.6%. The delay in the EU tariffs appears to have revitalized stock futures, offering a measure of optimism amid a generally cautious market atmosphere.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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