US stock market today: Wall Street edges higher as S&P 500 gains on Trump’s Vietnam trade deal, Nasdaq jumps, Dow steady amid weak ADP jobs data

US stock market today: S&P 500 rises after Trump Vietnam trade deal sparked fresh investor interest on Wednesday, giving the stock market a slight boost. President Donald Trump announced the U.S.-Vietnam trade deal on Truth Social, pushing the S&P 500 up 0.2% and Nasdaq up 0.7%. However, gains were limited as ADP data showed U.S. private payrolls dropped by 33,000 in June, surprising Wall Street. The weak labor report raised concerns about the economy and increased the chance of a Fed rate cut in July. With uncertainty rising, investors are watching closely for Thursday’s official U.S. jobs report and Trump’s tax bill developments.