Reported 3 days ago
US stocks edged closer to their historic highs as Wall Street closely monitors the outcome of ongoing US-China trade negotiations. The S&P 500 increased by 0.5%, buoyed by positive sentiments from discussions aimed at resolving trade tariffs that have caused economic uncertainties. Despite some companies like Designer Brands facing negative impacts on forecasts due to trade-related concerns, others, such as Tesla, saw gains, indicating mixed market reactions amid an atmosphere of cautious optimism.
Source: YAHOO