U.S. President Donald Trump announced a new trade deal with the European Union, imposing a 15% tariff on EU imports while the EU commits $600 billion in U.S. investments. This follows a similar deal with Japan,

Stock-index futures increased following a US-EU trade agreement, imposing 15% tariffs on most EU exports, which averted a potential trade war. S&P 500 contracts and European stocks rose, while the euro strengthened.