AdrianBryan Stocks in Asia and Europe are rallying this morning after President Trump announced a “massive” trade deal with Japan that investors hope could serve as a base line for other big countries before next week’s tariffs deadline. The latest: Japan’s Nikkei climbed nearly 4 percent today, and shares in two of the country’s biggest automakers — Toyota and Honda — soared to double-digit gains. That said, investors are selling Japanese bonds on concerns that Japan’s prime minister, Shigeru Ishiba, could be forced to resign. He has denied those reports, which appeared in local news media. Meanwhile, in Europe, Volkswagen and Mercedes notched big gains, too. S&P 500 futures are also in the green, with the benchmark index a tick below a record (even as companies report that tariffs are dinging profits.) - The New York Times
