World shares advance, led by 6% jump in Tokyo as markets calm somewhat after Trump’s tariff shocks

News Snapshot:

BANGKOK (AP) — World shares and U.S. futures advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets calmed somewhat after the shocks from President Donald Trump ’s tariff hikes. The modest rebound for most markets followed a wild day on Wall Street, where stocks careened after Trump threatened to crank his double-digit tariffs higher. Early Tuesday, China's Commerce Ministry said it would “fight to the end” and take unspecified countermeasures against the United States after Trump threatened another 50% tariff on Chinese imports. Germany's DAX gained 0.9% to 19,975.81 while the...