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Asian shares mostly higher after US stocks hit another record as Tesla and Nike rally

  • Asian shares mostly rose on Thursday, following a rise in U.S. stocks to an all-time high, with the S&P 500 up 0.5% and hitting a record for the third time in four days.
  • President Donald Trump announced a deal with Vietnam that will impose a 20% tariff on Vietnamese imports while placing zero tariffs on U.S. goods, benefiting companies like Nike.
  • Tesla shares rose 5% after delivering nearly 374,000 vehicles last quarter, despite a 13% decline in overall sales from the previous year, according to company reports.
  • Reports indicated U.S. employers cut 33,000 jobs last month, contrary to expectations for job growth, as stated by Goldman Sachs economist David Mericle.
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Associated Press NewsAssociated Press News
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US stocks climb and yields leap on signals the US economy is solid

U.S. stocks are climbing further into record heights after a report showed the U.S. job market looks stronger than Wall Street expected.

·United States
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Bias Distribution

  • 58% of the sources are Center
58% Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, July 3, 2025.
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