US Markets Edge Higher as Trade Tensions Simmer

Major US stock markets opened Tuesday's session with modest gains, partially recovering from yesterday's steep losses. This shift in sentiment comes as President Donald Trump extends the deadline for trade negotiations to August 1, offering a temporary reprieve from escalating tariffs.

Global Reactions to US Tariff Announcements

The announcement of new tariff rates on goods exports to the US has sparked international concern, with countries like Japan expressing regret over the measures. These developments have investors closely monitoring the potential economic impacts.

Market Performance Highlights

The Dow Jones and the S&P 500 remained stable, while the Nasdaq 100 saw a 0.25% increase, buoyed by a 3.61% rise in Applovin shares. Meanwhile, the euro held steady against the dollar at 1.17025.