The FTSE 100 remains flat after Trump’s tariff reset, with gold miners lifted. European markets show mixed performance, while US futures indicate lower trading. Gold and silver miners see gains as precious metals prices rise. Market uncertainty persists amid global trade confusion. Copper prices fluctuate, with some mining shares rising.
Investors await Nvidia earnings and Paramount’s offer for Warner Bros Discovery. Gold prices hit a three-month high, easing back slightly. Silver prices also rise with copper prices spiking overnight. FTSE 100 opens lower, with JD Sports leading risers and Johnson Matthey falling. Johnson Matthey cuts price for Catalyst Technologies division sale.
Trump’s new tariffs prompt market uncertainty and confusion. Congressional approval needed to extend tariffs beyond 150 days. White House may pursue other legal options for tariffs. US Trade Representative assures existing trade deals will remain. EU trade committee meets to discuss growing uncertainty for trading partners.
FTSE 100 expects a lower start as traders digest tariff developments. US Supreme Court rules Trump’s tariffs unconstitutional. US plans for global tariff under new rules. China urges US to cancel tariffs. UK job vacancies drop to lowest level since 2021. Asian markets show mixed performance.
Read more at Yahoo Finance: Stocks flat after Trump tariff reset as gold miners lifted
