The S&P 500 extended its run of record highs for the seventh straight session on...
- The S&P 500 extended its run of record highs for the seventh straight session on Friday, its longest streak in over two years, as investor optimism continued on improving U.S.-China trade relations and strength in domestic consumer spending.
All three major stock indexes were on pace to end the week at record levels, boosted by the announcement of an initial U.S.-China trade agreement last Friday and upbeat economic indicators. Trump’s comments came a day after U.S. Treasury Secretary Steven Mnuchin said the treaty would be signed in early January, dispelling fears of another escalation in the tariff dispute.
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