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S&P 500, Nasdaq hit new highs on US-Mexico trade deal

Updated : August 28, 2018 06:40 AM IST

A senior US trade official announced a deal with Mexico to replace the North American Trade Agreement and said talks with Canada were expected to begin immediately.
The upbeat trade outlook was further boosted by news that Washington was pressuring the European Union to accelerate tariff talks.
Tesla Inc stock dipped 1.1 percent, paring earlier losses following news that Chief Executive Elon Musk was scrapping his scheme to take the electric automaker private.
S&P 500, Nasdaq hit new highs on US-Mexico trade deal
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