Market Minute 5-27-25- EU Deadline Shift Fuels Market Rip

Stocks and Treasuries are both powering ahead in post-Memorial Day trading. Gold and silver are pulling back though. The dollar is modestly higher, while crude oil is flat.

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Before the weekend, President Trump gave markets a jolt by threatening to hit the European Union with 50% tariffs starting June 1. Over the weekend, he extended the deadline to July 9 after a call with European Commission President Ursula von der Leyen. That fueled a Monday rally in European markets, and a rally here today now that US markets are open again.

Apple Inc. ( AAPL ) investors remain wary, though, as a threatened 25% tariff is still hovering over the company. Trump made the threat to try to force Apple to move more manufacturing operations from China and India to the US. AAPL shares just fell eight days in a row, leaving them down 22% year-to-date.

Meanwhile, global interest rates eased back on news out of Japan. The Japanese Ministry of Finance is reportedly planning to trim issuance of longer-term bonds, a move designed to keep supply from overwhelming demand. That said, the Japanese government still needs to raise boatloads of yen to fund its operations. So, it’ll have to increase sales of shorter-term securities even as it lowers sales of 20-year to 40-year bonds.

See also: PLTR: A Great Way to Play a Likely Market Rally

Lastly, Salesforce Inc. ( CRM ) is reportedly set to pay $8 billion for Informatica Inc. ( INFA ). The two corporate software firms were set to combine a year ago before deal-term disagreements scuttled the talks. Salesforce hasn’t shelled out this much money on an acquisition since its $28 billion purchase of Slack Technologies in 2021.

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