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Global stock markets rise as political shift in South Korea and US tariff hopes boost sentiment

IndiaTimes Wednesday, 4 June 2025
European and Asian stocks climbed, mirroring Wall Street's optimism fueled by easing trade tensions and South Korea's political developments. Investors are closely monitoring US trade policy and awaiting key economic data, including the non-farm payrolls report. Technology stocks led gains, while Treasury yields remained stable after recent increases, and commodity markets saw slight gains in crude oil prices.
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News video: Lee Jae-Myung Sworn In as South Korea’s President: Slams Trump Tariffs, Promises Peace With N Korea

Lee Jae-Myung Sworn In as South Korea’s President: Slams Trump Tariffs, Promises Peace With N Korea 03:27

 Lee Jae-Myung was officially sworn in as South Korea’s new president after a sweeping snap election victory. In his first address, Lee launched a sharp critique of former U.S. President Donald Trump’s steep tariffs on South Korean steel and aluminum exports, calling for a rebalancing of trade...

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