Reported about 18 hours ago
President Trump has announced a new trade deal with Vietnam, significant for major footwear retailers like Nike and On Running, whose stocks have risen following the news. The deal's specifics, especially regarding tariffs on sneakers, are yet to be revealed, but it is anticipated to have a positive impact on the retail sector. Overall market reactions have been cautious, as investors await further economic data to assess its implications for the Federal Reserve.
Source: YAHOO