President Trump fulfilled one more campaign promise: to renegotiate a new NAFTA agreement.
It was announced today that Canada has joined the new trade deal with the U.S. and Mexico and the stock market closed nearly 200 points higher.
CNBC reported:
Stocks closed higher on the first day of the fourth quarter as investors cheered news of Canada joining a trade deal with the United States and Mexico.
The Dow Jones Industrial Average rose 192.90 points to 26,651.21 on Monday as Chevron and Boeing outperformed. The S&P 500 gained 0.4 percent to 2,924.43, led by gains in energy, materials and industrials shares. The Nasdaq Composite closed 0.1 percent lower at 8,037.30, however, as declines in Facebook and Intel capped gains in tech.
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