Shares on Wall Street and around the globe rallied on Wednesday in the wake of an announcement that Japan and the U.S. had reached a deal on tariffs, according to the Associated Press.
Futures for the S&P 500 were up 0.4%, and Jones Industrial Average futures gained 0.5%.
Toyota stock jumped 14% in Tokyo trading, while Honda was up more than 11% and Nissan added 8%.
In other sectors, Nippon Steel, which is acquiring U.S. Steel, rose 2.7%, while video game maker and significant exporter Nintendo Co. added 0.7%. Sony Group surged 4.3%.
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U.S. benchmark crude oil lost 23 cents to $65.08 per barrel. Brent crude, the international standard fell 21 cents to $68.38 per barrel.
