Trump postpones punitive tariffs: Euro rises, stock markets celebrate!
US stock markets rise after Trump postpones punitive tariffs on the EU; Euro is gaining in value. Latest financial news from May 27, 2025.
Trump postpones punitive tariffs: Euro rises, stock markets celebrate!
On Tuesday, May 27, 2025, US stock markets experienced an extremely positive trading day. The Dow Jones closed with an impressive gain of 1.8% at 42,343 points. The S&P 500 also gained 2.0% and reached around 5,915 points. The Nasdaq 100 rose 2.5% to around 19,200 points. This euphoric mood among investors was significantly influenced by US President Donald Trump's announcement that the 50 percent punitive tariffs on imports from the EU planned for June 1st would be postponed until July 9th company-today.de reported.
Trump's decision to postpone tariffs brought noticeable relief to the markets. Investors are hoping for a possible solution to the trade conflict by the new deadline. This has increased confidence in the markets and increased investors' willingness to take risks.
Market development and exchange rate
As a result, the euro rose to its highest level in a month relative to the US dollar. On Tuesday evening, one euro cost 1.1335 US dollars, while one dollar was worth 0.8822 euros. Loud n-tv.de The euro even reached a high of $1.1421 on Monday. This development suggests a restoration of market confidence and is reducing fears of a trade war for the time being.
Gold prices fell 1.1% on Tuesday, falling to $3,304 per troy ounce, equivalent to 93.72 euros per gram. The price of a barrel of Brent oil fell to $64.16, down 0.9% from the previous trading day.
Summary of market reactions
- Dow Jones: +1,8 % bei 42.343 Punkten
- S&P 500: +2,0 % bei 5.915 Punkten
- Nasdaq 100: +2,5 % bei 19.200 Punkten
- Euro: 1,1335 US-Dollar
- Goldpreis: 3.304 US-Dollar pro Feinunze
- Ölpreis: 64,16 US-Dollar pro Fass Brent
Overall, the positive trend on US stock markets and the market's reaction to Trump's news indicate a temporary end to worries about increasing trade conflicts. Investors can look to the coming weeks with optimism as long as the positive signals continue.