S&P 500 and Nasdaq Futures Reach Record Highs on Optimism Over Canada, Europe Trade Deals and Tax Bill

U.S. stock futures for the S&P 500 and Nasdaq reached record highs on Monday, driven by optimism surrounding ongoing trade negotiations between the United States and its key partners, including Canada and Europe. Market participants responded positively to reports indicating progress toward new trade agreements, which contributed to upward momentum in equity markets. This surge in futures reflects growing confidence not only in trade developments but also in the broader economic outlook, supported by expectations of favorable tax legislation. The gains in the S&P 500 and the tech-heavy Nasdaq underscore investor enthusiasm amid these positive trade and policy signals.