{"id":124677,"title":"What’s happened so far – Thursday 10th July 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-07-10T11:09:02+00:00","modified":"2025-07-10T11:09:02+00:00","canonical_url":"https://www.share-talk.com/whats-happened-so-far-thursday-10th-july-2025/","markdown_url":"https://www.share-talk.com/whats-happened-so-far-thursday-10th-july-2025.md","json_url":"https://www.share-talk.com/whats-happened-so-far-thursday-10th-july-2025.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asia","Asia-Pacific index","Asian market","Asian markets","Asian trading","Bank of England","Bank of Japan","Bank of New York","Beijing","bond market","Brent Crude","china","chips","currency","Dow Jones","European Union","Federal Reserve","Hong kong","India","Jakarta","Japan","JP Morgan","Manila","Nikkei","Nvidia","Russia","semiconductor","Sensex","Seoul","shanghai","Shenzhen Composite Index","Singapore","South Korea","Sydney","Taipei","Treasury yields","U.S. bond market","U.S. dollar","U.S. stocks","U.S. Treasury","US recession","USA","Wall Street","Wellington","White House"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/06/overnight-1.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Global Stocks Advance Despite Trump’s Tariff Threats**\n\nGlobal equity markets pushed higher as investors brushed aside renewed trade threats from former U.S. President Donald Trump.\n\nU.S. copper futures widened their premium over the London benchmark after Trump announced a 50% tariff on copper imports, set to take effect on August 1. He also threatened a similar 50% tariff on Brazilian exports and issued notices targeting seven smaller trading partners.\n\nDespite the aggressive trade rhetoric, markets remained resilient. European stocks gained, with Germany’s DAX rising 0.2% and the FTSE 100 climbing 1.1% to reach a new all-time high.\n\nIn Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%. South Korea’s Kospi jumped 1.6% to 3,183.23 after the Bank of Korea left interest rates unchanged, and semiconductor stocks rallied on the back of Nvidia’s strong performance in the U.S.\n\nElsewhere in the region, Tokyo’s Nikkei 225 slipped 0.4% to 39,646.36, pressured by a stronger yen, which hit export-focused auto and electronics stocks. The Hang Seng in Hong Kong edged up 0.1% to 23,926.09, while the Shanghai Composite rose 0.5% to 3,511.10. Australia’s S&P/ASX 200 added 0.6%, closing at 8,589.20.\n\nOn Wall Street, sentiment remained upbeat. The S&P 500 gained 0.6% to close at 6,263.26, the Dow Jones rose 0.5% to 44,458.30, and the Nasdaq advanced 0.9% to finish at 20,611.34.\n\nIn bond markets, yields retreated, with the 10-year U.S. Treasury yield falling to 4.343%, down from 4.417% the previous day."}