US Stock Markets See Positive Movement

In a surprising turn of events, the United States stock markets closed higher on Tuesday. This uptick comes in the wake of the decision to delay the imposition of 25% tariffs on Mexico and Canada by 30 days. Investors are breathing a sigh of relief, at least temporarily, as the markets also reacted to several key economic indicators.

Key Economic Indicators Influencing the Market

Among the factors influencing the market's performance were Beijing's announcement of counter-tariffs, the latest job openings report, and December's factory orders data. These elements combined to paint a complex picture of the current economic landscape, affecting investor sentiment and market movements.

Notable Performers in the Stock Market

The Dow Jones Industrial Average saw a modest increase of 0.30%, with Chevron Corporation leading the charge with a 2.60% rise. The Nasdaq 100 and the S&P 500 also experienced gains, buoyed by a significant 23.99% surge in Palantir Technologies Inc. shares on both indexes.

Currency Movements

In currency markets, the euro made notable gains against the dollar, trading at $1.03853 by late afternoon, marking a 0.87% increase. This movement reflects the broader shifts in global trade dynamics and investor confidence.