Dow Rallies on US-Japan Trade Deal Optimism
U.S. equities surged at Wednesday's open as markets celebrated a newly announced trade agreement between Washington and Tokyo. The Dow Jones Industrial Average jumped 240 points, while the S&P 500 extended record highs with a 0.4% gain. Nasdaq Composite edged up 0.16% ahead of major earnings reports.
President TRUMP hailed the 'unprecedented' deal securing 15% reciprocal tariffs and $550 billion in Japanese investment. The agreement covers automotive trade, agricultural products, and broader market access—a potential template for future negotiations ahead of critical August tariff deadlines.
Trading floors from New York to Tokyo reflected bullish sentiment, though cryptocurrency markets remained sidelined from the risk-on move. No major digital assets featured in the cross-border deal's framework.