04:09 PM EDT, 06/30/2025 (MT Newswires) -- US benchmark equity indexes closed higher on Monday as the S&P 500 and the Nasdaq Composite rose to records after the US made progress on international trade agreements and the budget reconciliation bill.

* Canada has withdrawn its Digital Services Tax to support trade talks with the US, with both countries aiming to reach a deal by July 21, a Canadian spokeswoman said, according to the Wall Street Journal. The US and China agreed to formalize a trade understanding reached in Geneva in May, and more trade-related announcements are expected from India, South Korea, and Taiwan.

* The US Senate voted 51-49 on Saturday to move forward with debate on President Donald Trump's budget reconciliation bill.

* August West Texas Intermediate crude oil closed down $0.54 to settle at $64.98 per barrel, while August Brent crude, the global benchmark, was last seen down $0.14 to $67.63.

* Hewlett Packard Enterprise's ( HPE ) shares rose 11% and Juniper Networks ( JNPR ) gained 8.4% after the companies said Saturday that they reached an agreement with the US Department of Justice to settle an antitrust lawsuit related to Hewlett Packard's ( HPE ) planned acquisition of Juniper.

* Fortive ( FTV ) shares declined 3.3% after the company said it has completed the spinoff of precision technologies unit Ralliant, which will operate as an independent publicly traded company.