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CNBC Daily Open: Certainty of 'reciprocal' tariffs better than confusing legal tussle

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U.S. stocks buoyed by Nvidia but held back from bigger gains by uncertainty around tariffs.

Federal Reserve Chair Jerome Powell met Trump and said “the path of policy will depend entirely on incoming economic information” - The SEC formally dropped its lawsuit against Binance and founder Changpeng Zhao , which was first brought in June 2023 .

JPMorgan analysts think European equities could outperform those in the US for next 12 to 18 months .

European equities have fared better than those in the U.S. so far this year .

JPMorgan analysts think the trend could continue, with non-U.S.-area markets trading "increasingly more favorably" against their American counterparts.

South Korea's largest K-pop agency Hybe established its first office in China on April 2 .