S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »Momentum failed high-end S&P 500 in the course of making history
US, China postpone trade talks over weekend
The US and China are sending out talks scheduled for the weekend aimed at monitoring progress at the six-month mark of their phase-one trade agreement, people familiar with the matter said. Chinese Vice Prime Minister Liu He is due to hold a video conference with US Trade Representative Robert Lighthizer …
Read More »Shares fall flat after data on retail sales and consumer confidence
Text size Chinese retail sales fell unexpectedly in July. Getty Images The S&P 500 closed Friday almost unchanged, as investors mixed data weighing on consumer confidence and retail sales against an upcoming trade meeting between Chinese and U.S. officials. While headline U.S. retail sales figures missed forecasts, with a monthly …
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