US stocks have approached their record as the two biggest economies of the world begin trading talks to help avoid a recession.
The S&P 500 rose 0.1% on Monday, 2.3% below the record reached in February. The Dow Jones industrial average was flat, with Nasdaq composites rising 0.3%.
The market is waiting to hear what is coming in London’s trade talks between the US and China. Treasury yields slipped after the survey suggested that consumer expectations of inflation have been eased. China’s stocks rose, but the index was mixed in Asia and other parts of Europe.
on monday:
The S&P 500 rose 5.52 points (0.1%) to 6,005.88.
The Dow Jones industrial average fell to 42,761.76 at 1.11 points or less than 0.1%.
NASDAQ Composite rose 61.28 points (0.3%) to 19,591.24.
The Russell 2000 Index for small businesses rose 12.20 points (0.6%) to 2,144.45.
this year:
The S&P 500 has increased by 124.25 points (2.1%).
The Dow has increased by 217.54 points (0.5%).
NASDAQ has increased by 280.44 points (1.5%).
The Russell 2000 has dropped by 85.71 points or 3.8%.
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