The major indexes of the New York Stock Exchange began trading higher on the 15th (local time). Analysis suggests that this was influenced by United States President Donald Trump's indication of a possible reduction in the 25% tariff on automobile and parts imports.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City. /Courtesy of Yonhap News Agency

According to Reuters, as of 9:36 a.m. that day, the Dow Jones Industrial Average started trading at 40,587.68, up 72.89 points (0.18%) from the previous session.

The S&P 500 index was up 13.16 points (0.24%) to 5,419.13 compared to the previous transaction day, while the tech-heavy Nasdaq index was up 35.88 points (0.21%) to 16,867.36.

Reuters noted that the rise in stock prices was influenced by the possibility of tariff exemptions on automobiles and parts, but that the movement to impose tariffs on pharmaceuticals and semiconductors remains an element of uncertainty.

It analyzed, citing analysts, that while the peak fear has passed, market volatility will continue until the uncertainties related to tariffs are resolved.