The Dow hit an all-time high on Wednesday as Disney shares popped after its streaming service got more than 10 million sign-ups. The S&P 500 closed at a record high, up 0.1%, while the Nasdaq hovered below the flatline.
Gains were capped after Dow Jones reported U.S.-China trade talks have hit a
"There's a lot of pressure on the trade agreement," he said. "if they're not even able to sign a phase one trade deal, that's pretty negative."reported the U.S. is trying to secure stronger concessions from China on intellectual-property theft enforcement and curb forced technology transfers. In exchange, the U.S. would roll back tariffs.reported, citing people familiar with the talks, that both sides where at an impasse on whether the U.S.
Traders and financial professionals work on the floor of the New York Stock Exchange at the closing bell on in New York City. TThe Fed's easing measures helped the major indexes in their record runs. Over the past month, the Dow and S&P 500 are up 3.6% and 4.2%, respectively. The Nasdaq has rallied 5.3% over that time
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