US stocks surge to a record close after Trump and Xi's trade-war truce
REUTERS/Kevin Lamarque
- US stocks soared Monday following US President Donald Trump and Chinese President Xi Jinping's weekend meeting on the sidelines of the G20 summit in Japan.
- The S&P 500 notched a record close, at 2,964.33.
- The trade-sensitive technology sector led the market's gains, while real estate and utilities were the only sectors that closed the session in negative territory.
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On Monday, Wall Street cheered a favorable outcome in US President Donald Trump and Chinese President Xi Jinping's Saturday meeting on the sidelines of the G20 summit in Osaka, Japan.
The S&P 500 sailed to a record close, though finished the day off its session highs. See the rest of the story at Business Insider
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