S&P 500 hits all-time high on US-China trade progress

New York: TheS P 500 rose to an all time high Friday morning aaUSand Chinese representativesconfirmed progress towardsa trade deal and marketsabsorbed...

New York: The S&P 500 rose to an all-time high Friday morning aa US and Chinese representatives confirmed progress towards a trade deal and markets absorbed mixed US economic data.

About 20 minutes into trading, the broad-based S&P 500 stood at 6,161.77, up 0.3 percent and above the index's all-time closing high.