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%.

The Canadian dollar weakened against its U.S. counterpart on Friday as optimism waned that Canada would reach a trade deal with the United States before an August 1 deadline and ahead of a Bank of Canada interest rate decision.

After President Trump unveiled trade deals Tuesday with Japan and the Philippines, and his administration fleshed out details of a [pact with Indonesia](

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.

Gold prices slipped on Friday, weighed down by a stronger U.S. dollar and signs of progress in U.S.-EU trade negotiations that dented safe-haven demand. Spot gold fell 0.9% to $3,336.01 per ounce by 02:01 p.