Dow Soars 200 Points After US-UK Trade Deal Announcement

Stock markets enjoyed a positive day on Thursday, May 8th, with investors responding positively to President Trump’s announcement that the United States and the UK had reached a major trade deal. This news fueled growth across the U.S. indices, as futures markets saw an increase following gains in Asian and European markets. The S&P 500 opened 0.6% higher, while the Dow Jones Industrial Average surged by over 200 points. The Nasdaq also rose, climbing 0.8% for a positive start to trading day.