Tuesday, August 25, 2020

US-China trade talks lift stocks to record high

  • US-China trade talks lift stocks to record high

    Stocks hit a record high Tuesday morning after trade representatives from the U.S. and China held a phone call to review the six-month progress of the historic phase one trade deal. The S&P 500 rallied 0.22%, hitting a fresh high, while the Dow Jones Industrial Average added 84 points, or 0.3 percent, and moved within 1,000 points of its own record peak. The tech-heavy Nasdaq, meanwhile, slipped 0.05%.

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