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S&P 500 Index, NASDAQ Hit New Highs Again

Summary: Driven by the latest developments in the trade dispute and budget negotiations in the US Congress, the US stock market hit new highs on Friday. Both the S&P 500 Index and the NASDAQ Composite Index reached new highs as investors increasingly ignore the economic threats posed by the trade war and instability in the Middle ...

Driven by the latest developments in the trade dispute and budget negotiations in the US Congress, the US stock market hit new highs on Friday. Both the S&P 500 Index and the NASDAQ Composite Index reached new highs as investors increasingly ignore the economic threats posed by the trade war and instability in the Middle East. US Commerce Secretary and Treasury Secretary both stated that the US is close to reaching many trade agreements. Ross said that Washington hopes to complete trade negotiations with over a dozen countries by early September.

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