US and European stocks wavered overnight as investors weighed the impact of new trade measures. A 30% tariff on Mexican and European imports sent shares of European carmakers lower across the board. Despite early losses, US markets recovered, buoyed by optimism ahead of upcoming earnings reports and key economic data. In company news, Warner Bros. shares gained ground as the debut of the newest Superman film came to the rescue. Elsewhere, bond markets held steady as investors await critical inflation figures later in the week. Back home, Aussie shares are set to open higher on Tuesday.
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