Stocks Rise on Wall Street as Trade Talks Press Ahead
NEW YORK, UNITED STATES, JUL 9 – The Trump administration delayed the trade deal deadline to August 1 to ease market volatility amid slow negotiations, with Wall Street futures rising modestly, sources said.
- In premarket trading, Wall Street futures rose 0.3%, with Dow futures up 0.3%, after the trade deal deadline was extended to August 1, calming market concerns.
- The administration extended the trade deal window to August 1 after announcing only two agreements since April.
- Data confirms Dow futures rose 0.3%, the Dow gained 219 points , and the S&P and Nasdaq each climbed around 0.5%–0.7%.
- In the near term, volatility remains subdued ahead of Federal Reserve minutes due Wednesday and Delta earnings on Thursday.
- Beyond domestic trading, Asian markets showed mixed reactions as tariff threats persist ahead of the Aug. 1 deadline extension.
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The Amsterdam stock exchange closed 0.2 percent higher on Wednesday. US markets were also buoyant. Investors reacted optimistically to reports that a trade deal between Washington and Brussels is nearly finalized.
Wall Street Rises as Tariff Delay Boosts Sentiment, Nvidia Hits $4T - AES (NYSE:AES)
Wall Street rose on Wednesday as investors shrugged off fresh trade uncertainty after the White House delayed the start of new tariffs to Aug. 1, raising hopes for new rounds of negotiations.
Wall Street opens higher as markets await trade talks
(Reuters) - Wall Street's main indexes opened higher on Wednesday, as investors shrugged off President Donald Trump's aggressive tariff moves and kept a close watch on negotiations with global trade
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- 61% of the sources are Center
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