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Barchart
Barchart
Rich Asplund

Stocks See Support as US-UK Trade Deal Bolsters Trade Optimism

The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.34%.  June E-mini S&P futures (ESM25) are up +0.23%, and June E-mini Nasdaq futures (NQM25) are up +0.34%. 

Stock indexes are moderately higher today after President Trump announced a "major" trade deal with the UK, bolstering optimism the US was making headway in tariff negotiations.  The announcement raised hopes that President Trump’s tariffs will be negotiated down, averting lasting economic damage to economic growth and corporate profits. 

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