Shares rise, Treasury yields fall, buoyed by easing trade tensions

Written by Chipoic Ogu and Tom Wilson

New York (Reuters)-Global stocks rose on Tuesday, supported by signs of muddling tensions, even if the US Treasury’s revenue is located to the largest decrease for one day in more than a month.

US president Donald Trump stopped his threatened definition until July 9 for US imports of European commodities in the aftermath of the weekend with European Commission President Ursula von der Layen.

Data on Tuesday showed that US consumer confidence picked up five consecutive months of decline and improving it in May amid a truce in the trade war between Washington and Beijing.

All the three Wall Street indicators ended, as the standard S&P 500 and NASDAC added more than 2 % after Monday. All the sub -sectors have gained the S&P 500 that all gained, led by the estimated and technological stocks of the consumer.

The Dow Jones Industrial average increased by 1.78 % to 42343.65, the S& P 500 index increased by 2.05 % to 5,921.54 and NASDAQ 2.47 % increased to 19199.16.

European stocks increased by 0.33 %, as sub -defense reached the highest level.

UK shares increased by 0.69 % after a holiday at the beginning of the week. The MSCI scale increased all over the world by 1.21 % to 880.84.

“We are witnessing a relief gathering because more and more emphasizing that all this (the threat of customs tariffs) is basically the negotiating tactics that have real teeth even though it is not a trick, and this means that Trump does not try to lead us to the abyss but we took the edge,” said Daniel Ginder, chief and chief of the capital in Los Angeles.

“I think people are getting more confident that we will not enjoy huge definitions that will greatly cut the American economy or business flow, and we have the opposite of the growth of the modest GDP.”

The return on US Treasury bonds for 30 years decreased 8 basis points to 4.9572 %, on the right track of the largest decrease for one day since mid -April.

The 30 -year -old returns – at the market selling in April after Trump’s initial flood of definitions – are still slightly less than 5 %, near their highest levels since October 2023.

This step reflected a decrease in the point nearby from 20 years in the 30 -year -old Japanese debt revenues, which came after a Reuters report on Tuesday that Tokyo would consider the release of long bonds, after a sharp rise in revenue.

“It was good news during the weekend, at least for the market, with the extra 30 -day time frame for the deadline for the collective tariff negotiations of the European Union. I think the market was happy with that,” said Wasad, chief investment official in Sarmaya Partners in New Jersey.