2 weeks Ago
1 Min Read US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday.
However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty. Trump later said on Truth Social that they are still subject to the existing 20% Fentanyl tariffs, but just moving to another bracket. Asian markets have also opened higher with those in Japan and South Korea gaining up to 2% each.
Crude prices are slightly higher, gold is seeing some profit booking, while the US 10-year yield is still at 4.47%, having jumped to 4.55% once last Friday.
Watch this space for all the live updates. US Stock Market Live: Chinese Indices Open Higher Stock markets in Mainland China as well as Hong Kong have opened higher after the US exempted tech devices, most of which are manufactured in China, from reciprocal tariffs, for the time being. Mainland China’s CSI 300 rose 0.
57% at the open while Hong Kong’s Hang Seng Index gained 1.93% at the start of trade. US Stock Market Live: What Happened Over The Weekend US President Donald Trump exempted smartphones and computers as well as other devices and components such as semiconductors from his new “reciprocal” tariffs, according to a US Customs and Border Protection guidance issued late Friday.
However, Trump and Commerce Secretary Howard Lutnick suggested Sunday that the exemptions were not permanent, stirring up more uncertainty. Trump said in a Truth Social post that these products were still “subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff bucket.” US Stock Market Live: How Are Asian Markets Faring Asian stocks advanced at the open after President Donald Trump paused import duties on a range of consumer electronics, lifting sentiment after a volatile week for markets.
The dollar slipped. Japan’s benchmark Nikkei 225 started the day 1.82% higher while the broader Topix index rose 1.
77%. In South Korea, the Kospi index rose 1.29% at the open while the small-cap Kosdaq added 1.
22%. Meanwhile, Australia’s S&P/ASX 200 was up 0.72%.
Futures for Hong Kong’s Hang Seng index stood at 21,059 pointing to a stronger open compared to the HSI’s close of 20,914.69 last Friday. US Stock Market Live: How Are The Futures Placed After a wild last week, US futures are trading in the green on Sunday evening with the Nasdaq futures outperforming.
The Dow futures are currently up 110 points, while those on the S&P 500 are up 35. The latest tariff exemptions are a positive for shares of big tech stocks, owing to which the Nasdaq futures are up over 200 points. US Stock Market Live: Another Action-Packed Week Ahead Good Morning! Its a market holiday but the US markets are still trading and we at CNBC-TV18 are here to bring you all the Live updates from Wall Street.
More tariff uncertainty has emerged over the weekend and we will talk about all of that in future posts and also tell you how US futures and other asset classes are faring. Stay tuned to this space for all the LIVE updates..
