Wall Street Soars as Trade Deal Sparks Optimism
The S&P 500 and Nasdaq hit record highs with a new U.S.-EU trade agreement, boosting investor confidence. As focus shifts to major earnings reports, a Federal Reserve meeting, and impending tariff deadlines, the Dow Jones also made modest gains.
The U.S. stock market experienced a historic day as the S&P 500 and the Nasdaq opened at record highs. Investor confidence surged following a breakthrough U.S.-EU trade agreement, marking the onset of a critical week.
Investors are eagerly anticipating earnings reports from market-leading companies, a key Federal Reserve meeting, and upcoming tariff deadlines. These elements are poised to influence market movements significantly in the coming days.
At the start of the trading day, the Dow Jones Industrial Average climbed 45.1 points to 44,946.98, reflecting a 0.10% increase. Similarly, the S&P 500 and Nasdaq Composite indices registered growth, rising by 9.0 points and 68.1 points, respectively.
(With inputs from agencies.)
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