OOF Markets gain on trade optimism as the US announces a flurry of deals.
But Trump casts doubt on an accord with Canada,
citing Ottawa's plans to recognise Palestinian statehood.
And investors cheer on Microsoft and Metta over their artificial intelligence spending plans.
You kind of have this leap of faith going on where there's so much money going out the door,
but clearly the business is doing well and even improving.
So the company's kind of saying,
take our word for it because look at the results and so far Wall Street's been willing to do that.
It's Thursday July 31st.
I'm Azhar Sukri for the Wall Street Journal.
Here is the AM edition of What's News,
the top headlines and business stories moving your world today.
The US is announcing a flurry of trade deals ahead of tomorrow's deadline for reciprocal tariffs to come into force,
with at least three agreements confirmed overnight.
We're going to build ships in America.
We're going to build semiconductors in America.
We are going to finally take care of the core of America and it's led by Donald Trump's trade policy.
That was Commerce Secretary Howard Lutnick who went on Fox News' Hannity like last night announcing new deals with Cambodia and Thailand.
The magnet of the world is the US consumer, right?
You know, remember the saying the customer is always right?