US stocks continued their record run and closed higher on Tuesday, driven by trade optimism between the US and China.
The S&P 500 and Nasdaq composite indexes closed at record highs, while the Dow Jones industrial average ended the day in the red after the index provider announced a shake-up to the 124 year old index.he US and China held a phone call on Monday eveningto review the phase one trade deal and commit to seeing the deal through, easing investor concerns about increased trade tensions between the two economic giants.
The two major indexes extended their record rally amid continued hopes for the cooling of US-China trade relations.with Chinese Vice Premier Liu He on Monday.
Correction: US stocks edge higher to another record close amid trade-war optimism when everyone knows they won't get anywhere. And if they do, Trump will break the deal in his usual fashion. But stocks went up anyway. Not as catchy, but more true
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