Bloomberg US stocks added to all-time highs, and Mexico’s peso rallied versus the dollar as the Trump administration closed a bilateral trade deal with America’s southern neighbor. Treasuries fell. The S&P 500 Index rose as President Donald Trump unveiled details of the agreement that he says will replace Nafta. The peso rallied Mexico. European shares advanced, though a British holiday …

Bloomberg One of the world’s top-performing global stock funds is betting against Amazon.com. It’s not so much that Amazon won’t flourish, but that the recent rally in global technology behemoths has made brick-and-mortar retailers cheap in comparison, according to Norwegian fund Storebrand Global Multifactor. The valuations right now are “too pessimistic for the retailers and too optimistic for Internet retailers,” …

Bloomberg A deadline set by India’s central bank to restructure an estimated $52 billion of stressed loans may push dozens more companies into bankruptcy. The Reserve Bank of India in February introduced new rules and a 180-day timeline for banks to recast loans once payments are missed, scrapping previous methods that could take an indefinite amount of time. Companies that …