NASDAQ and S&P 500 Reach New Milestones Amid Trade Optimism
The NASDAQ and S&P 500 reached new highs as optimism over U.S. trade deals with key partners drove momentum. However, mixed policy signals involving trade tariffs and interest rate cuts introduce uncertainty. Investors focus on upcoming trade deadlines, economic data, and U.S. fiscal policy for signs of market direction.
The NASDAQ and S&P 500 soared to new heights on Monday, driven by optimism surrounding U.S. trade negotiations with key partners. Markets are buoyed by hopes for favorable outcomes, even as mixed signals from the White House inject uncertainty into the economic landscape.
President Trump's trade policies and potential interest rate cuts are pivotal to the current bullish trend. Investors are setting their sights on a crucial July 9 deadline for trade deals to be reached, amid speculation on tariff changes.
Meanwhile, economic indicators such as non-farm payrolls and ISM surveys this week are also in sharp focus, as traders gauge the continuation of the bull run. Key insights will be gleaned from Federal Reserve communications, contributing to market dynamics.
(With inputs from agencies.)
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