US stocks climbed to fresh records amid promising signs that a US-China trade deal will cap President Trump's long-awaited meeting with Chinese President Xi Jinping later this week.
The S&P 500 jumped more than 1.2% to close above 6,800 for the first time.
Wall Street is in an upbeat mood as it starts up a pivotal week featuring the Federal Reserve’s interest rate decision and a barrage of Big Tech earnings, as well as Thursday's high-stakes meeting between Trump and Xi.
The optimism follows a banner week that saw all three major indexes close at all-time highs on Friday. Stocks are eyeing further records after US and China officials signaled that weekend talks had paved the way for a breakthrough in the trade standoff.
Yahoo Finance
US stocks climbed to fresh records amid promising signs that a US-China trade deal will cap President Trump's long-awaited meeting with Chinese President Xi Jinping later this week.
The S&P 500 jumped more than 1.2% to close above 6,800 for the first time.
Wall Street is in an upbeat mood as it starts up a pivotal week featuring the Federal Reserve’s interest rate decision and a barrage of Big Tech earnings, as well as Thursday's high-stakes meeting between Trump and Xi.
The optimism follows a banner week that saw all three major indexes close at all-time highs on Friday. Stocks are eyeing further records after US and China officials signaled that weekend talks had paved the way for a breakthrough in the trade standoff.
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