[ So much winning with Trump, soooo glad we don't have Kummmmala posing in the White House, as the dumb-ass DemoScums
would have wanted. ]
Dow pops more than 400 points after Trump announces Japan trade deal
The
Dow Jones Industrial Average traded 413 points higher, or 0.9%. The
S&P 500 climbed 0.5% and had hit a new all-time intraday high, while the
Nasdaq Composite rose 0.2%.
Trump said in a
Truth Social post Tuesday night that the U.S. had completed a “massive Deal” with Japan. The agreement includes
“reciprocal” tariffs of 15% on the nation’s exports to the U.S. The president also said the U.S. is meeting with European officials in a push to reach a trade deal with the European Union.
Stocks received a bit of a boost later Wednesday after the Financial Times reported that the U.S. and the European Union are
closing in on a 15% tariff agreement. The report said that the agreement would mirror the U.S.-Japan deal.
The U.S. has been looking to reach trade deals with other countries ahead of an Aug. 1 deadline.