U.S. Stocks Rise to More Records Following a U.S.-Japan Trade Deal
MILWAUKEE COUNTY, WISCONSIN, JUL 23 – The U.S.-Japan deal cuts auto tariffs to 15%, boosting markets in Japan, Taiwan, and the U.S. despite mixed tech stock performances, with the S&P 500 rising 0.8%.
- Wednesday's session saw U.S. stocks rise after President Donald Trump secured a trade deal with Japan, sparking optimism ahead of the August 1 deadline.
- Under the agreement, tariffs on Japanese autos fall to 15% from 27.5% and on other goods to 15% from 25%.
- In Taipei, the Taiex gained 330.75 points, or 1.44%, to end at 23,318.67, on turnover of NT$352.22 billion .
- Among tech names, Texas Instruments fell 12.7% after its quarterly profit forecast missed expectations, underscoring weaker chip demand and tariff uncertainty.
- Looking ahead, trade tensions may rise as the European Commission signals plans for €93 billion in counter-tariffs on U.S. goods, U.S. and EU officials head into high-stakes trade talks.
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21 Articles
Tech Titans Triumph Amid Trade Turbulence
Tech Titans Triumph Amid Trade Turbulence In a challenging economic climate marked by erratic U.S. trade policies, top technology companies such as Alphabet, SK Hynix, and Infosys have posted robust earnings, defying market pessimism.The positive financial reports from these firms shine brightly in a turbulent earnings season that has seen industries like automotive and aerospace hit hard by tariffs.Amid the complexities of global trade, recent …


U.S. stocks hit more records following US-Japan trade deal
NEW YORK — U.S. stocks set more records on Wednesday following a trade deal between the world's No. 1 and No. 4 economies, one that would lower proposed...
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