The S&P 500 and Nasdaq ended higher on Wednesday, driven by tech stock gains and a new U.S.-Vietnam trade deal.

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	Forwarded this email? Subscribe here for more S&P 500, Nasdaq close up on Vietnam trade deal; Apple, Tesla and other tech stocks rise MacDailyNews Jul 2   READ IN APP   The S&P 500 and Nasdaq ended higher on Wednesday, driven by tech stock gains and a new U.S.-Vietnam trade deal. The Nasdaq saw strong performance, fueled by advances in Apple, Nvidia, and Tesla. Sabrina Valle for Reuters: ‎ Trump’s massive tax-and-spending bill headed to the U.S. House of Representatives for possible final approval after the Senate passed the legislation. Investors have been watching whether President Donald Trump’s administration continues to make progress on trade, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston. “There is some relief in regards to progress on trade. The deal with Vietnam was welcomed news,” Arone said. According to preliminary data, the S&P 500 gained 29.28 points, or 0.47%, to end at 6,227.29 points, while the Nasdaq Composite gained 190.24 points, or 0.94%, to 20,393.13. The Trump administration has teased that a deal with India is also coming soon, but has said others may not be ready by July 9. ‎ MacDailyNews Take: Again, as we wrote this morning, “we expect Mr. Market, including AAPL, to experience a nice stretch following the imminent signing of the One Big Beautiful Bill Act into U.S. law which will remove a significant level of uncertainty by extending major provisions of the 2017 Tax Cuts and Jobs Act.” ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post S&P 500, Nasdaq close up on Vietnam trade deal; Apple, Tesla and other tech stocks rise appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe