Public Markets 3h Briefing
×Market Moves
Samsung shares investing.com surged to a record high on speculation the company will secure more Nvidia supplier contracts. US stock futures investing.com declined as investors reacted to President Trump’s renewed tariff threats. Markets in China and India bloomberg.com rallied sharply after the Supreme Court blocked those tariffs, reversing earlier losses. South Korea’s market bloomberg.com continued its world-beating run, fueled by President Lee Jae Myung’s pro-investor policies.
Currencies & Commodities
The dollar bloomberg.com sold off against every major currency as trade policy uncertainty spooked investors. Asian currencies wsj.com broadly strengthened against the greenback in a risk-on shift following the court ruling. Gold prices investing.com extended their recent climb on fresh tariff jitters, with haven demand rising. Oil wsj.com fell on prospects of a limited US strike on Iran and hopes for a nuclear deal.
Corporate Actions
Rolls-Royce investing.com is planning a $2 billion share buyback to return capital to shareholders, according to Sky News.