Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Dow futures rallied more than 400 points, which equates to a gain above 1%. S&P 500 futures added 1.2%, while Nasdaq 100 futures jumped 1.3%. The U.S. stock market was dark on Monday for Memorial Day.

In Europe, the Stoxx Europe 600 climbed 0.2% in morning trading. Bridgepoint Group rose 4% and FLSmidth added 3.8%. On the other hand, Saab Series B dropped 2.1%, and A.P. Moeller-Maersk B lost 1.7%. The FTSE 100 added 0.7%. Other stocks in Europe were mixed as France's CAC 40 declined 0.1% and Germany's DAX climbed 0.1%.

U.S. stock futures and European shares gained Monday after President Trump gave the European Union a temporary reprieve on new threatened tariffs. Futures tied to major U.S. indexes rallied. Stock and

European markets and U.S. futures jumped early Tuesday following a weekend trade truce between the E.U. and U.S. after Trump’s threat late last week to tack on 50% imports from the trading bloc.

Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.

The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.

Overnight in the US, all three major indexes closed firmly higher. The Dow Jones jumped 1.78 per cent. The S&P 500 advanced 2.05 per cent, and the Nasdaq Composite surged 2.47 per cent, with tech stocks like Tesla posting strong gains. The rally snapped a four-day losing streak for the Dow and S&P 500.

Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.

Nvidia is forecast to post earnings per share of $0.893 on revenue of $43.12 billion for the three months to April 31, both up substantially from last year, Investing.com data showed.