S&P 500 hits record high as Trump says close to 'big deal' with China

This post was originally published on this site


(Reuters) – The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very close to a “big deal” with China.

The S&P 500 () was up 16.28 points, or 0.52%, at 3,157.91 and the Dow Jones Industrial Average () was up 140.75 points, or 0.50%, at 28,052.05.

The Nasdaq Composite () was up 38.29 points, or 0.44%, at 8,692.34.

U.S. stocks opened modestly lower on Thursday, weighed down by losses in Apple (NASDAQ:) after Credit Suisse (SIX:) said iPhone shipments sharply fell in China last month, while a U.S. tariff deadline on Chinese imports loomed.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.