Markets Ride Optimism Amid U.S. Tariff Concerns

Global markets experienced a boost following indications of less severe U.S. tariffs, with European shares and U.S. futures rising. The investor focus remains on potential U.S. tariffs, fueling both concern and market activity. Oil prices climbed due to geopolitical tensions, while Asian markets saw selloffs.

Global markets showed gains on Tuesday, fueled by optimism over potentially less severe U.S. tariffs, following the previous day's upward trend.

European shares saw a rise, with the Stoxx 600 index up by 1%, while U.S. market futures were also up as investors anticipated the implications of announced but potentially delayed tariffs by President Trump.

Oil prices continued their upward climb due to geopolitical factors, while mixed data led to varied performances in Asian markets, highlighting the uncertainty still present among investors.

(With inputs from agencies.)