Global stock markets rallied on Monday, May 26, 2025, following President Trump's decision to postpone proposed tariffs on European Union goods until July 9. This move provided temporary relief to investors and spurred gains across various sectors.
The MSCI World Index increased, reflecting positive sentiment. The pan-European STOXX 600 index also saw gains. European auto stocks experienced significant rebounds, mirroring the positive market reaction.
Currency markets reacted favorably, and in India, the BSE Sensex jumped 455 points (0.56%) to close at 82,176.45, reaching its highest level in over a week, while the NSE Nifty gained 148 points (0.60%) to close at 25,001.15. Asian markets showed mixed results, with Japan's Nikkei 225 climbing 1% after Trump signaled support for Nippon Steel's partnership with US Steel. US futures indicated a strong opening after the Memorial Day holiday.