Stocks looked set to extend their record-breaking rally on Monday after Canada rescinded its digital sales tax, bolstering investors’ hopes that the U.S. will be able to broker a trade deal with its northern neighbor. S&P 500 futures climbed 0.4% and contracts tied to the tech-heavy Nasdaq 100 rose 0.5%, after both indexes ended last week at all-time closing highs. Monday marks the final trading session of a wild second quarter in which investors have had to grapple with U.S. tariffs, President Donald Trump’s signature tax bill, and the 12-day war between Israel and Iran.
