Stocks Open Higher, With S&P 500 Closing In On New Record High

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The market opened slightly higher to start the new week.

amid concerns from Democrats that the Trump administration is trying to undermine the U.S. Postal Service ahead of the election.

Sentiment was also kept in check by simmering U.S.-China tensions: Top trade officials were scheduled to review the terms of the phase on trade deal on Saturday, but that has now beenGoldman Sachs, meanwhile, raised its 2020 year-end price target for the S&P 500 to 3,600, implying an upside of 7% from current levels.

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