The S&P 500 Index ($SPX) (SPY) today is up +0.57%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.79%. June E-mini S&P futures (ESM25) are up +0.55%, and June E-mini Nasdaq futures (NQM25) are up +0.80%.
Stock indexes are climbing today after President Trump announced a "major" trade deal with the UK, bolstering optimism the US was making headway in tariff negotiations. According to Mr. Trump's Truth Social Post, a news conference in the Oval Office is scheduled for 10 am Washington time today to announce the details of the trade agreement. The announcement raises expectations that crippling tariffs by President Trump will be negotiated down, averting lasting economic damage to economic growth and corporate profits.
