Stocks Head for More Records. Futures Rise as U.S. and Canada Restart Trade Talks.
Stocks Head for More Records. Futures Rise as U.S. and Canada Restart Trade Talks.
Stocks looked set to extend their record-breaking rally on Monday after Canada rescinded its digital sales tax, bolstering investors’ hopes that the U.S. will be able to broker a trade deal with its northern neighbor.
Futures tracking the Dow Jones Industrial Average were up 247 points, or 0.6%. S&P 500 futures climbed 0.4% and contracts tied to the tech-heavy Nasdaq 100 rose 0.5%, after both indexes ended last week at all-time closing highs.
Monday marks the final trading session of a wild second quarter in which investors have had to grapple with U.S. tariffs, President Donald Trump’s signature tax bill, and the 12-day war between Israel and Iran.
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