Gains in technology and energy shares pushed Wall Street's three main index...
- Gains in technology and energy shares pushed Wall Street’s three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite.
Adding to the optimism, Commerce Secretary Wilbur Ross said on Sunday licenses for U.S. companies to sell components to China’s Huawei Technologies Co Ltd would come “very shortly”. “Signing these deals take time. All that is needed for markets to be happy right now is for an agreement to be announced,” said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.
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