Trump's positive trade comments boost global markets, with US equities surging and Dollar Index rising.

From Investing.com: 2025-05-09 02:39:00

US President Trump’s comments on a potential US-UK trade deal and lowering China tariffs sparked a risk-on sentiment in global markets. US equities surged, with the S&P 500 up 1.9% and the Nasdaq jumping 2.5% before profit-taking trimmed gains. The Dollar Index rose 0.8%, while gold fell 1.7%. Asian markets opened mixed, with Japan up 1.5% and China down 0.2%. The Nasdaq 100 faces resistance at the 200-day MA, with potential support at 19,600 if it slides below 20,250. A break above 20,390 could lead to further gains.



Read more at Investing.com: Trump Sparks Risk-On Sentiment Amid US-China Trade Talks Hints