US-Japan trade deal: Wall Street rallies, stocks hit new highs; tariff relief fuels global optimism
This is an AI-image, used for representational purposes only. US stocks extended their record-breaking run on Wednesday after Washington and Tokyo struck a deal to slash proposed tariffs, fuelling optimism about further trade breakthroughs. The S&P 500 rose 0.4 per cent in early trading, while the Dow Jones climbed 232 points or 0.5 per cent,…