S&P 500 trades at record-high as Trump touts trade deal progress

News Room
By News Room 5 Min Read

U.S. stocks rose a second-straight day and notched an intraday all-time high on Friday as President Donald Trump said the U.S. has made a number of trade deals while economic data stoked bets on Federal Reserve policy easing.

The S&P 500 Index rose 0.7% at 12:47 p.m. in New York after the gauge closed on the cusp of a record in the previous session. The technology-heavy Nasdaq 100 Index advanced by a similar margin.

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