U.S. Stocks Rally on Trade Deal Progress and Trump’s AI Plan

U.S. equities surged Wednesday as investors welcomed a new trade agreement between the U.S. and Japan, alongside reports of progress toward a similar deal with the EU. The Dow Jones Industrial Average climbed 370 points (0.84%), while the S&P 500 gained 0.44%. The Nasdaq eked out a 0.14% advance amid muted tech performance.

The U.S.-Japan pact establishes reciprocal 15% tariffs—lower than previously threatened—while opening Japanese markets to American automotive and agricultural exports. Parallel negotiations with the EU reportedly target equivalent tariff rates, potentially resolving tensions that had escalated with threats of €100 billion retaliatory measures.

Separately, the TRUMP administration unveiled an artificial intelligence policy framework, marking a distinct approach from prior Biden-era initiatives. The plan outlines strategic priorities for U.S. leadership in emerging AI technologies, though specific crypto-related implications remain unspecified.