The Dow, NASDAQ, and S&P 500 all closed higher on Friday, with the Dow gaining 208.01 points, NASDAQ up 50.36 points, and the S&P 500 improving by 25.29 points. Optimism about trade deals before Trump’s August 1 tariff deadline boosted Wall Street, but European markets were less positive. EU officials hope for a trade deal with the U.S., but Trump’s stance appears firm. EU member states adopted countermeasures against U.S. products worth €93 billion if talks fail. Crude oil prices fell on reports of potential oversupply, while gold prices dipped slightly with optimism about new trade deals.

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