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The S&P 500 gained 0.5% on Friday, June 27, 2025, reaching an all-time closing high as officials confirmed a trade framework between the U.S. and China.
The annual stress test is designed to examine whether big banks could survive a hypothetical downturn without government assistance.
President Donald Trump upended the outlook for trade policy again Friday when he said he was ending negotiations with Canada due to the country's adoption of a Digital Services Tax.