Stocks Rise Slightly, Trump Announces New Trade Deals – But S&P 500 Resistance Remains

The stock market experienced a slight upward movement on Friday as President Trump announced new trade agreements and the potential for reduced tariffs with China. He also shared news of a draft agreement with the UK, marking the first international trade deal from the US since April. However, despite these positive developments, the S&P 500 failed to break through a significant resistance level, leaving traders in a state of uncertainty. 1