Big Deals For Europe & Japan? Better Earnings For S&P 500?

While many European officials rue the US/EU trade deal struck last weekend, others accept it as the least bad of the EU’s options. One important benefit, William explains, is that it clears the uncertainty that’s been clouding the way forward for European policymakers and companies. … Japan and the US also have struck a trade deal, but in all uncertain terms. Both countries herald the agreement as a win but are on different pages about what it entails. … And Joe reports that better tariff clarity and strong Q2 earnings have raised analysts’ Q3 revenues and earnings sights for S&P 500 companies, with most sectors enjoying estimate pops.