Global equity markets made solid gains this morning, setting up U.S. markets for another potentially positive day — futures contracts on the S&P 500 index were up 0.3% this morning, pre-opening bell. But lurking behind the good news were worries about the increasing weakness of the U.S. dollar vs foreign currencies.
India’s Nifty 50 was up more than 2% today on hopes that it is well-positioned to benefit from U.S. supply chain operations moving out of China. The Indian market is the first major index to completely erase the losses caused by President Trump’s trade war.
The gains came after a good day in the U.S. on Monday. The Dow climbed more than 300 points on Monday as markets continue to rally on the prospect of tariff exemptions. That translates to a 0.78% increase, while the S&P 500 rose 0.79% and the tech-heavy Nasdaq jumped 0.64%. One highlight was Palantir, which was up nearly 5%.
The S&P is still down 8% year-to-date, however.
Here’s a snap
We współpracy z: https://fortune.com/2025/04/15/stock-markets-u-s-dollar/
