Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

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.

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.

Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

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.

Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.

In the tariff dispute with the European Union, US President Donald Trump currently sees the chances of reaching an agreement at around 50%. "I would say that we have a 50-50 chance, maybe less than that,

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.