US stocks head for another record and Japan’s market rallies after trade deal

NEW YORK AP U S stocks are rising toward another record following a commerce deal between the world s No and No economies one that would lower proposed tariffs on Japanese imports to the United States The S P was higher in early trading Wednesday coming off its latest all-time high The Dow Jones Industrial Average was up points and the Nasdaq composite was up The Nikkei rallied in Tokyo after President Donald Trump informed a commerce framework that would place a tax on imports from Japan That s lower than the rate Trump had earlier threatened