S&P 500 back at a record after months on ice

by VTV422 August 2018 Last updated at 15:57 PM

VTV.vn - The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run.

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ongoing trade dispute between the United States and China. The S&P rose as much as 0.6 percent to a record high of 2,873.23 points, topping its previous record high of 2,872.87 on January 26. Analysts cited the more moderate rhetoric of late from the Trump administration as the catalyst for the latest surge, with US Commerce Secretary Wilbur Ross signaling he plans to hold off on a final decision on whether to impose tariffs on auto imports

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