S&P 500 Hits New Record High Following US-Vietnam Trade Deal
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The S&P 500 reached another historic peak on Thursday, buoyed by optimism surrounding a newly announced trade agreement between the United States and Vietnam. The benchmark index closed at an all-time high, reflecting investor confidence in strengthened economic ties between the two nations. Market analysts attribute the rally to reduced trade tensions and expectations of increased bilateral commerce, which could benefit key sectors such as technology and manufacturing. The Dow Jones Industrial Average and Nasdaq Composite also posted gains, underscoring broad-based market strength. This milestone marks the S&P 500's fourth record close this month, signaling sustained bullish sentiment amid global economic uncertainties. Experts suggest the US-Vietnam deal may further stabilize supply chains and foster long-term growth, though some caution that geopolitical risks remain.
