S&P 500 and Nasdaq hit new highs due to optimism over Vietnam trade deal.

From Google: 2025-07-02 18:47:00

The S&P 500 and Nasdaq hit new highs on Thursday, fueled by optimism over a potential trade deal with Vietnam. Investors are hopeful ahead of the release of the key jobs report. The S&P 500 rose 0.6% to 4,358.69, and the Nasdaq climbed 0.8% to 14,646.91. Tech stocks like Apple and Microsoft led the gains.

The positive sentiment in the stock market was driven by news of progress in trade talks with Vietnam. This comes as investors eagerly await the release of the latest jobs report. The Dow Jones Industrial Average also saw gains, rising 131.02 points to 34,633.53. The tech-heavy Nasdaq outperformed, reaching a new record high.

Tech stocks were the standout performers on Thursday, with Apple and Microsoft leading the charge. The ongoing trade negotiations with Vietnam have boosted investor confidence, driving the S&P 500 and Nasdaq to fresh record highs. The Dow also saw gains, closing up 0.4% at 34,633.53. Investors are eagerly awaiting the latest jobs report for further market direction.



Read more at Google: Stock market today: S&P 500, Nasdaq leap to fresh records as Vietnam trade deal boosts hopes ahead of key jobs report – Yahoo Finance