Trade Optimism, Nasdaq Records

(Reuters) - The S&P 500 and the Nasdaq indexes climbed to new record highs on Monday as signs indicated the United States and China were moving closer to a trade truce, while a host of merger deals also helped buoy sentiment. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 18, 2019. REUTERS/Brendan McDermid A Chinese state-backed tabloid said Beijing and Washington were “very close” to an initial pact, and lifted trade-sensitive semiconductor stocks, including Applied Materials Inc (AMAT.O), up 3.98% and Lam Research Corp (LRCX.O), which gained 2.42%.

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RT 01 Apr 2020 00:30 CEST

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