Pakistani Foreign Minister Ishaq Dar said his country was "very close" to a trade deal with the U.S., but officials in Washington did not mention any timeline.

Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

Japan's $550 billion investment package agreed in this week's U.S. tariff deal could help finance a Taiwanese firm building semiconductor plants in the U.S., Japan's top trade negotiator Ryosei Akazawa said on Saturday.

European Commission president Ursula von der Leyen has said she will meet US President Donald Trump on Sunday, raising hopes the two will agree an outline trade deal and avoid a transatlantic trade war.

The EU says its negotiators are working "might and main" on a deal, but the decision rests with US President Trump.

President Donald Trump’s trade deals are illegal, Piper Sandler flatly declares in a new research note. The investment bank analyzed ongoing court battles and legislative authority, and concluded that Trump’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose wide-ranging tariffs and cut bilateral deals far exceeds the powers granted by Congress.

The New York Yankees made their first big addition on Friday afternoon. Now, they can turn all their attention toward adding a talented starting pitcher.

The August 1 tariff deadline approaches and with it we have had a few trade deal announcements which came out this week.