U.S. Stocks, Bond Yields Get a Boost From Revised Nafta Deal

By Anonymous

New North American pact helps alleviate investors’ fears about global trade

U.S. stocks rose on the first day of the fourth quarter after the U.S. and Canada reached a last-minute deal late Sunday to revise the North American Free Trade Agreement.

Investors had been watching trade developments closely for weeks as the U.S. and China ramped up tariffs against each others’ goods and negotiations over Nafta were mired in uncertainty.