Zhong Guo Ji Jin Bao·2025-05-29 08:11Core Viewpoint - The U.S. court ruling invalidating Trump's tariffs has led to a significant rise in global markets, with Asian markets, including South Korea, experiencing notable gains and a rate cut by the Bank of Korea [2][3][7]. Market Reactions - Following the court's decision, U.S. stock index futures surged, with the S&P 500 futures up by 1.59%, Dow Jones futures up by 1.33%, and Nasdaq futures rising nearly 2% [3]. - In Asia, Japan's Nikkei index increased by 1.86%, while South Korea's Seoul index rose over 1.8%, reaching a nine-month high [5][7]. Economic Policy Changes - The Bank of Korea lowered its borrowing rate by 25 basis points to 2.5% and significantly cut its economic growth forecast for the year from 1.6% to 0.8%, reflecting the impact of U.S. tariffs [7]. - The Bank of Korea's governor indicated that future rate cuts may exceed previous expectations due to weakened economic momentum [7]. Stock Market Performance - A-shares and Hong Kong stocks also benefited from the tariff news, with A-shares seeing 4,472 stocks rise, 120 hitting the daily limit, and a total trading volume of 12,134.10 billion [9][11]. - Semiconductor and innovative drug stocks showed strong performance, with companies like Concept Electronics and Broadly Micro hitting their daily limits [13][14]. Sector Adjustments - The gold and jewelry sector faced a downturn, with companies like Laisen Tongling experiencing a limit down of 10% [16].