U.S.-Canada Trade Talks Resume as S&P 500 & Nasdaq Hit New Highs
By - Mahi
U.S. and Canada restart trade talks, fueling optimism across Wall Street. S&P 500 and Nasdaq reach all-time intraday highs.
Talks resume after Canada drops its controversial digital-services tax, removing a major barrier to a trade deal.
With last week's close, the S&P 500 recorded its first new high since February and is set for its best quarterly performance.
Goldman Sachs, Bank of America, and Wells Fargo rise after passing Fed stress tests. Financials push market momentum.
The WSJ Dollar Index falls, heading for its steepest first-half decline in decades as investor risk appetite grows.
The 10-year Treasury yield eased to around 4.28%, reflecting growing confidence and lower demand for safe-haven assets.
Japanese stocks climb, with the Nikkei hitting a 12-month high. The yen also strengthens against the U.S. dollar.
Despite Senate progress, Trump’s major economic bill still awaits a key House vote before the Friday deadline.
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