Wall Street hits record high on China data, trade deal; Apple shines

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Wall Street notched a fresh record high on Monday as investor confidence was boosted by upbeat data from China, while cooling trade tensions ...

REUTERS: Wall Street notched a fresh record high on Monday as investor confidence was boosted by upbeat data from China, while cooling trade tensions between the world's two biggest economies removed one of the hurdles for global economic growth.

On Sunday, U.S. Trade Representative Robert Lighthizer said the trade deal was"totally done" and expected it to nearly double U.S. exports to China over the next two years. At 10:22 a.m. ET the Dow Jones Industrial Average was up 197.85 points, or 0.70per cent, at 28,333.23, the S&P 500 was up 26.19 points, or 0.83per cent, at 3,194.99 and the Nasdaq Composite was up 86.77 points, or 0.99per cent, at 8,821.65.

 

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