US stock markets declined on Tuesday, with the Dow closing at 44,556.04, a 0.30% increase from the previous trading day. The broader S&P 500 was up around 0.7%, while the Nasdaq 100 rose by 1.3%.
Market observers attribute the positive sentiment to the US President’s decision to temporarily suspend tariffs on Canadian and Mexican goods. However, uncertainty remains.
The euro strengthened against the US dollar, with one euro equivalent to 1.0385 US dollars and one dollar equivalent to 0.9629 euros, as of the evening.
Gold prices saw a notable gain, with one ounce selling for $2,844, a 1.1% increase, which translates to €88.05 per gram.
Oil prices inched up, with a barrel of Brent crude selling for $76.02, a 6-cent or 0.1% increase from the previous trading day’s close.