World shares are mixed as investors watch for further news on Trump’s tariffs

Bangkok (AP) – The world’s shares were mixed on Monday, as investors watched more developments after a US court ruled against president Donald Trump’s supreme tariff.

The American markets were staying closed on Monday for the Labor Day holiday. S&P 500 and Dow Jones Industrial MALED contracts increased by 0.1 %.

On Friday, the US Court of Appeal for the Federal Department ruled that Trump went very far when he declared national emergency situations to justify the imposition of higher import taxes on almost every country on the face of the earth.

The ruling has largely supported the Mayo decision by a federal trade court specialized in New York. However, the decision of the Court of Appeal 7-4 threw part of this ruling, which immediately struck the definitions, which allowed the administration’s time to appeal to the US Supreme Court.

European markets opened higher, as DAX increased in Germany by 0.5 % to 24,018.29 and CAC 40 in Paris, up 0.4 % to 7,735.88.

Britain added FTSE 100 0.3 % to 9,212.78.

In Asian trading, Hang Singh jumped from Hong Kong by 2.2 % to 25617.42, while the Shanghai Mobilized Index added 0.5 % to 3,875.53.

The shares of Alibaba Group Group giant in Hong Kong e -commerce increased by 19 % after the company announced strong growth in the cloud computing sector and other areas including “immediate trade”, or excessive delivery processes. Alibaba shares in the United States increased by 13.5 % on Friday.

A government survey issued on Saturday showed that the factory activity in China had improved marginally in August, where the Procurement Manager Index, or the Procurement Manager Index, issued by the National Statistics Office, rose to 49.4 out of 49.3 in July. The scan is on a scale from 0 to 100 where 50 encounters the pieces of expansion.

A private sector survey, which was called “Manufacturing Public Information Managers for Public Manufacturing”, showed the directors of public purchases at 50.5 last month, an increase of 49.4 in July. Zishon Huang of the economics of Capital in the manufacturing sector, despite the customs tariffs of more than 50 % on Chinese goods on Chinese goods, said:

China and the United States are still negotiating a wide trade agreement.

Huang said: “The residency manager suggests that the Chinese economy has accelerated last month, thanks to the fastest growth through manufacturing and services. But we do not see much of the bullish trend during the rest of the year,” Huang said.

The Japanese Nikkei 225 index decreased by 1.2 % to 42,188.79, while KOSPI in South Korea threw 1.4 % to 3,142.93.

The shares also decreased in Australia, where the S&P/ASX 200 0.5 % lost to 8,924.70.

Taiwan criteria lost 0.7 % and India has gained Sensex 0.7 %.