After months of fraught negotiations with the United States, Japan clinched a deal just days before punitive tariffs were scheduled to take effect.

The Nasdaq and tje S&P march to new records, while the Dow adds 508 points,

The White House has yet to release official details on the Japan trade deal. President Trump said Japan will open its markets to U.S. goods, including cars, trucks and agricultural products. However, U.S. exporters note that many barriers to selling in Japan go beyond what trade deals can address.