Wall Street opens with a divergent narrative, as sentiment is shaped by a mix of tariff concerns, retail sector malaise, and a substantial lineup of economic reports and Federal Reserve commentary, all under the shadow of recent geopolitical developments from Trump's statements. Amidst this, Walmart's performance falters, yet tech stocks display a measure of buoyancy, and European stocks tease the prospect of a historic rally, while in Asia, a stronger yen signals potential monetary tightening and China's tech sector experiences a renaissance, propelled by Alibaba's remarkable upswing.