Stock markets rebound Thursday after Trump's tariff truce

European and Asian stock markets have welcomed the news with enthusiasm and profits. , to postpone the entry into force of the highest tariffs for 90 days, with the exception of the 10% "reciprocal" tariff. The Ibex 35 started Thursday's session with increases close to 8%, surpassing 12,600 points.

About twenty minutes after the opening, the rise slowed to 6.5%. The rest of the continent also saw significant increases early in the morning, led by the Italian FTSE MIB, with a 7.



2% rise, followed by the German DAC (+7%) and the French CAC 40 (+6.7%). The main Japanese stock market index, the Nikkei, soared 9.

1%—the seventh highest percentage gain in its history—to close at 34,609 points. In South Korea, the Seoul Stock Exchange's main index, the Kospi, climbed 6.6%, and the Kosdaq technology index closed up 5.

9%. The South Korean stock exchange operator had to suspend planned buying for five minutes in the early going due to the sharp market rally, which caused Kospi 200 futures to briefly jump 5%. The advance was most pronounced on the Taipei Stock Exchange's benchmark index, the Taiex, which registered its largest jump ever.

The Taiwanese index gained 9.25% and closed the session at 19,000 points. The island's main technology companies experienced strong gains during the early stages of the session, with gains from TSMC, MediaTek, Delta Electronics, and Foxconn standing out, quickly reaching the daily limit of 10%.

Southeast Asian stock markets also moved in positive territory during the session, with Vietnam leading the gains, which were over 6%. Impact in China Although China has not been spared from Trump's protectionist offensive, the Asian giant's stock markets also ended the day in positive territory, with the benchmark indices of the Shanghai and Shenzhen stock exchanges advancing 1.1% and 2.

2%, respectively. Meanwhile, the Hong Kong Stock Exchange's main index, the Hang Seng, rose 2%. As of today, China is already imposing tariffs of 84% on US products in response to the 125% levy the Republican president is imposing on Chinese goods.

This rebound in Asian and European markets follows the enthusiasm with which Wall Street greeted Trump's decision to temporarily halt tariffs yesterday. The Nasdaq rallied 12%, the S&P 500 rose 9.5%—its best day since 2008—and the Dow Jones nearly 8%.

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