Major US stock indexes hit record highs amid trade optimism
November 27, 2019
More encouraging signs that trade talks between the U.S. and China are on track kept investors in a buying mood Tuesday, nudging the major stock indexes to record highs for the second straight day.
Retailers and other companies that rely on consumer spending helped power the modest rally, which adds to the market's solid start to the week. Only energy, banks and health care sector stocks ended with losses. Bond prices rose, sending yields lower.
Beijing said Tuesday that negotiators for both sides met earlier in the day and agreed to more talks aimed at reaching a deal. The latest developme...