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4d ago

Wall Street Hits Record Highs on Robust Hiring Following Vietnam Trade Accord

Robust payroll figures reinforced by a temporary US-Vietnam tariff truce bolster expectations that the Fed will hold rates steady as the July 9 trade deadline approaches.

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Le marché constate que de "nombreux pays semblent devoir faire face à des droits de douane plus élevés que prévu", selon Susannah Streeter, analyste chez Hargreaves Lansdown
Un opérateur à la Bourse de New York le 23 juin 2025
Un drapeau des Etats-Unis à la Bourse de New York, le 13 juin 2025

Overview

  • The US economy added 147,000 jobs in June and unemployment fell to 4.1%, driving the Nasdaq and S&P 500 to record closes on July 3.
  • ADP’s earlier report of a 33,000-job loss in the private sector contrasts with the stronger official data, creating mixed signals about labor market health.
  • President Trump’s agreement with Vietnam eliminates tariffs on American exports and imposes at least a 20% surtax on Vietnamese imports, defusing immediate tariff threats.
  • Similar pacts with the UK, Canada and China have been struck, but talks with over 50 trading partners remain unresolved ahead of the July 9 tariff deadline.
  • Strong labor readings and trade developments have lifted investor optimism while reinforcing bets that the Federal Reserve will keep interest rates unchanged until clearer economic and diplomatic cues emerge.