US STOCKS-S&P 500 closes in on record-high on trade hopes, euro zone stimulus
The S&P 500 inched closer to its all-time high on Thursday, after a stimulus drive by the European Central Bank added to an upbeat mood from trade concessions by Washington and Beijing ahead of planned negotiations in October. President Donald Trump said the United States would delay increasing tariffs on $250 billion worth of Chinese imports, after Beijing exempted some U.S. goods from additional levies. Trade-sensitive technology stocks provided the biggest boost among the 11 major S&P 500 sectors, taking the benchmark index just 0.3% off the record-high hit in July.
Published:9/12/2019 1:38:32 PM