Global Stocks Surge Amid Trump's New Tariff Strategies

Global stocks saw a rise driven by U.S. market gains as reports suggested a more targeted tariff plan from President Trump. Despite rising Treasury yields, investor confidence remains cautious due to continuing economic uncertainties. The looming threat of tariffs still clouds the global economic outlook.

On Monday, global stock markets experienced a notable rally, primarily driven by significant gains in U.S. equities. This uptick was influenced by reports indicating President Donald Trump's potential adoption of a more targeted approach to tariffs, sparking increased risk appetite among investors.

Despite a boost in confidence, investors remain wary of the volatility affecting economic growth, inflation, and corporate earnings due to tariff concerns. Highlights include a rise in the U.S. Composite PMI Output Index and a surge in major U.S. stock indices.

As the Dow, S&P 500, and Nasdaq enjoyed notable gains, uncertainty lingered globally. Questions persist around the specifics of upcoming tariffs and their potential impact, especially as new economic data reflects cooling consumer sentiment amid ongoing global trade tensions.

(With inputs from agencies.)