The Singapore stock market ended a 14-session winning streak, with the Straits Times Index closing just above 4,260 points. Global markets are optimistic after the U.S. and EU ratified a trade deal. STI fell 0.28%, with losses in financial shares. Major actives included City Developments and Comfort DelGro. Wall Street closed higher, with NASDAQ and S&P 500 hitting record highs. Optimism surrounds trade deals ahead of President Trump’s tariff deadline. Crude oil prices fell on reports of potential resumption of operations in Venezuela. West Texas Intermediate closed at $65.15 per barrel.

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