Wall Street opens the last session of the quarter at record highs
US stock indices rose on Monday with both NASDAQ and S&P 500 marking fresh record highs, with Wall Street heading towards quarterly gains.
Canada cancelled the digital services tax aimed at US tech companies in an attempt to revive trade talks with the US.
The Canadian finance ministry said PM Mark Carney and US President Donald Trump will resume trade talks with an aim at reaching a deal by July 21.
US Trade Secretary Howard Lutnick thanked Canada for cancelling the tax, which would’ve tanked any potential trade deal with the US.
Later this week, the Senate will announce its decision on Trump's tax bill, while analysts also await the payrolls report later on Friday.
On trading, Dow Jones rose 0.3% as of 16:15 GMT, or 117 points to 43,942 points, while S&P 500 rose 0.2%, or 9 points to 6,182 points, as NASDAQ climbed 0.1%, or 27 points to 20,301 points.
American Markets News
Markets
NASDAQ and S&P 500 resume the tone of gains
US stock indices rose during Wednesday trading following the release of economic data that boosted ...
Markets
Dow Jones soars alone with a 400-point profit
US stock indices were mixed on Tuesday with NASDAQ and S&P 500 dropping, but Dow Jones bucked ...
Markets
NASDAQ, S&P 500 back off record highs
US stock indices were mixed on Tuesday, the first session of the third quarter, as markets analyze ...