World markets surge, U.S. futures drop
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World markets leap after Trump delays most tariff hikes, though U.S. futures edge lower
74% Informative
Japan 's Nikkei 225 jumped 9.1% to finish at 34,609.00, zooming upward as soon as trading began.
Germany 's DAX initially gained more than 8% in early trading, while France 's CAC 40 rose 7.2% to 7,360.23 .
U.S. futures were down 1.71% as of 4:30 a.m. EDT , Nasdaq composite futures had declined 2.07% .
The 10-year Treasury yield pulled back to 4.34% following Mr. Trump 's pause and the Treasury 's auction.
In energy trading, benchmark U.S. crude fell 52 cents to $ 61.83 a barrel.
Falling oil prices are often viewed by analysts as signs investors expect economic activity — and hence, oil — to slow.
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