NEW YORK: Wall Street finished a solid week on an upbeat note Friday as the S&P 500 flirted with a record following upbeat comments from US trade officials about progress in China talks.
Yet a more “constructive” tone on trade lifted sentiment along with benign economic data and decent earnings, said Art Hogan, chief market strategist at National Securities.The broad-based S&P 500 flirted with a record, but in the end finished at 3,022.55, a gain of 0.4% but about three points below the all-time high set in July.
“The latest political twist keeping sterling under pressure has a touch of surrealism about it”, noted Ricardo Evangelista, senior analyst at ActivTrades.
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