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US-Japan trade deal: Wall Street rallies, stocks hit new highs; tariff relief fuels global optimism

Summary by Times of India
US stocks surged to new highs following a trade agreement between the US and Japan, which reduced tariffs and boosted investor confidence. The deal sparked rallies in Japanese car stocks and European markets. While some companies reported mixed earnings reactions to existing tariffs, optimism prevails with hopes for further trade deals and strong tech earnings.

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Times of India broke the news in India on Wednesday, July 23, 2025.
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