U.S. stocks rebounded after a four-day decline, boosted by optimism surrounding U.S.-EU trade talks and a global rally in bonds.
The S&P 500 rose 1.2% as investors were reassured by President Trump’s extension of the EU tariff deadline to July 9, increasing hopes for a trade deal.
Meanwhile, Japanese authorities signaled adjustments to calm debt markets, helping push global bond yields lower. Nvidia and other tech giants led gains, with the dollar strengthening against major currencies.