U.S. stocks traded higher midway through trading, with the Dow Jones index jumping more than 600 points on Tuesday. President Donald Trump announced the extension of the 50% tariffs on Sunday till July 9, which he had initially announced on Friday. The Dow traded up 1.52% to 42,234.36 while the NASDAQ surged 2.23% to 19,155.16. The S&P 500 also rose,...

JOHANNESBURG, May 27 (Reuters) - South Africa's rand weakened against a stronger dollar on Tuesday, hurt by lower gold prices as risk sentiment improved following U.S. President Donald Trump's decision to postpone tariffs on the European Union. At 1510 GMT, the country's commodity-backed currency traded at 17.8900 against the dollar, about 0.2% softer than its previous close. Meanwhile on the...

May 27 (Reuters) - Euro zone bond yields dropped on Tuesday after French inflation data came in weaker than expected, while concerns about the potential adverse economic impact of U.S. tariffs persisted. Borrowing costs edged up on Monday as the U.S. backed away from its threat to slap 50% tariffs on European imports, before falling later in the session in...

US stock indices rose on Tuesday as trading resumes following a bank holiday, with a lull in US-EU trading tensions. US President Donald Trump said he decided to delay the timing of his 50% EU tariffs until July 9. It came after a request from European Commission President Ursula von der Leyen to give negotiators more time to reach a...