
-
Trump, 78, says feels in 'very good shape' after annual checkup
-
McKellar 'very, very proud' after 'Tahs tame rampant Chiefs
-
Man executed by firing squad in South Carolina
-
Defending champ Scheffler three back after tough day at Augusta
-
Ballester apologizes to Augusta National for relief in Rae's Creek
-
Scorching Coachella kicks off as Lady Gaga set to helm main stage
-
McIlroy, DeChambeau charge but Rose clings to Masters lead
-
Langer misses cut to bring 41st and final Masters appearance to a close
-
Ecuador presidential hopefuls make last pitch to voters
-
Rose knocking on the door of a major again at the Masters
-
DeChambeau finding right balance at Augusta National
-
Spurs leaker not a player says Postecoglou
-
All Black Barrett helps Leinster into Champions Cup semis
-
Round-two rebound: Resilient McIlroy right back in the Masters hunt
-
Asset flight challenges US safe haven status
-
Menendez brothers appear in LA court for resentencing hearing
-
McIlroy, DeChambeau charge as Rose clings to Masters lead
-
UN seeks $275 million in aid for Myanmar quake survivors
-
Frustrated families await news days after 221 killed in Dominican club disaster
-
Trump wants to halt climate research by key agency: reports
-
Fed official says 'absolutely' ready to intervene in financial markets
-
Slumping Homa happy to be headed into weekend at the Masters
-
Morbidelli fastest ahead of cagey MotoGP title rivals in Qatar practise
-
Musetti stuns Monte Carlo Masters champion Tsitsipas to reach semis
-
Abuse scandal returns to haunt the flying 'butterflies' of Italian gymnastics
-
Trump defends policy after China hits US with 125% tariffs
-
Frustrated families await news days after Dominican club disaster
-
McLarens dominate Bahrain practice, Verstappen rues 'too slow' Red Bull
-
Eight birdies rescue Masters rookie McCarty after horror start
-
RFK Jr's autism 'epidemic' study raises anti-vaxx fears
-
Trump -- oldest elected US president -- undergoes physical
-
Rose clings to Masters lead as McIlroy, DeChambeau charge
-
Brazil's Bolsonaro hospitalized with abdominal pain, 'stable'
-
Canada, US to start trade talks in May: Carney
-
Six arrested for murder of notorious Inter Milan ultra
-
Pig kidney removed from US transplant patient, but she set record
-
Musetti stuns defending champion Tsitsipas at Monte Carlo Masters
-
UN shipping body approves global carbon pricing system
-
Spain marine park defends facilities after France orca transfer blocked
-
McLaren dominate Bahrain practice as Verstappen struggles
-
Dollar plunges, stocks wobble over trade war turmoil
-
Trump says tariff policy 'doing really well' despite China retaliation
-
African Development Bank chief warns of tariff 'shock wave'
-
Jolted by Trump, EU woos new partners from Asia to Latin America
-
Brazil's Bolsonaro hospitalized with 'unbearable' abdominal pain
-
Moment of reckoning for pandemic agreement talks at WHO
-
Declare gender violence in S.Africa a national disaster, campaigners say
-
US Fed officials see higher inflation ahead as consumer confidence plunges
-
Rose keeps three-shot Masters lead as Aberg, DeChambeau charge
-
Brazil's Bolsonaro hospitalized with severe abdominal pain: party

US, European markets mostly rise as Trump tariff plans in question
US and European markets mostly rose Monday following a report -- strongly denied by US President-elect Donald Trump -- that his incoming administration was mulling applying tariffs more selectively than he had previously suggested.
While the Dow fell on Wall Street, both the S&P 500 and the Nasdaq Composite closed higher, as investors plowed money into the semiconductor sector following strong results from Taiwan-based Foxconn.
The rally helped spur chip designer Nvidia to a fresh record, giving the company a market valuation of more than $3.6 trillion.
And shares of the streaming company Fubo surged by more than 251 percent after Disney announced it would be merging Fubo with the Hulu+ Live TV service. Disney's shares closed down 0.1 percent.
- Less painful tariffs? -
Traders were also digesting a report in the Washington Post that Trump's aides are weighing plans to only apply tariffs to goods in certain critical sectors -- a more narrow definition than the president-elect previously proposed.
Wall Street initially soared after Trump's election victory on expectations of tax cuts and deregulation, but concerns about his tariff plans soon caught up with traders, raising concerns about their potential impact on inflation, interest rates, and economic growth.
Trump hit back strongly against the report in a post to his Truth Social account on Monday.
The story, he said, "incorrectly states that my tariff policy will be pared back. That is wrong."
"The Washington Post knows it's wrong. It's just another example of Fake News," he added.
- Luxury gains -
In Europe, Paris rose more than two percent thanks to gains in luxury stocks.
"A Birkin bag, a bottle of Moet and Gucci shoes are hardly critical imports, which is why the luxury sector is having a strong reaction to this news," said Kathleen Brooks, research director at the XTB trading platform.
Beyond tariffs, there were also other factors driving sentiment in the markets.
Briefing.com analyst Patrick O'Hare said there was "tax policy enthusiasm" as Trump pushes for the passage of legislation that would extend tax cuts from his first term in office.
The US dollar was broadly weaker on hopes of a more limited US tariff policy; it also dropped 0.5 percent against its Canadian counterpart after Canada's Prime Minister Justin Trudeau announced he would step down as the leader of his political party.
Trudeau's popularity has waned in recent months, with his government narrowly surviving a series of no-confidence votes and critics calling for his resignation.
He faced further pressure from Trump, who has threatened a 25-percent tariff on Canadian goods after he takes office on January 20.
In Asia, the Seoul stock market rose 1.9 percent Monday despite the ongoing political uncertainty, while Tokyo retreated, with Nippon Steel taking a hit after departing US President Joe Biden blocked its proposed $14.9 billion purchase of US Steel.
- Key figures around 2200 GMT -
New York - Dow: DOWN 0.1 percent at 42,706.56 points (close)
New York - S&P 500: UP 0.6 percent at 5,975.38 (close)
New York - Nasdaq Composite: UP 1.2 percent at 19,864.98 (close)
London - FTSE 100: UP 0.3 percent at 8,249.66 (close)
Paris - CAC 40: UP 2.2 percent at 7,445.69 (close)
Frankfurt - DAX: UP 1.6 percent at 20,216.19 (close)
Tokyo - Nikkei 225: DOWN 1.5 percent at 39,307.05 (close)
Hong Kong - Hang Seng Index: DOWN 0.4 percent at 19,688.29 (close)
Shanghai - Composite: DOWN 0.1 percent at 3,206.92 (close)
Euro/dollar: UP at $1.0388 from $1.0307 on Friday
Pound/dollar: UP at $1.2518 from $1.2423
Dollar/yen: UP at 157.64 yen from 157.33 yen
Euro/pound: UP at 82.98 pence from 82.95 pence
West Texas Intermediate: DOWN 0.5 percent at $73.56 per barrel
Brent North Sea Crude: DOWN 0.3 percent at $76.30 per barrel
burs-rl-da/aha
A.Magalhes--PC