Wall Street, Trump
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U.S. shares opened higher on Tuesday, and Treasury yields inched down, as investors digested an expected slight pick-up in inflation alongside a raft of moderately positive quarterly results from big banks.
Foreign investors bought Japanese stocks for 13 straight weeks to June 27, their longest buying spree since 2013, data from Japan Exchange Group showed.
US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and South Africa.
Wall Street's major indexes closed sharply lower on Monday, after U.S. President Donald Trump announced hefty tariffs against Japan, South Korea and other trading partners while Tesla shares sank after CEO Elon Musk said he was forming a new U.
Asian shares are trading mixed after Wall Street's momentum slowed from its record highs, as Tesla and other technology shares declined.
Taiwan’s TSMC plans to delay its chip plant project in Japan and prioritize operations in the United States to avoid tariffs imposed by President Trump, the Wall Street Journal reported on Friday. However, TSMC said in a statement that its investment plans in the U.S. would not impact existing investment plans in other regions.