Dow hits record high amid U.S.-China trade optimism.
The Dow’s year-to-date gain is now at nearly 18 percent, the S&P 500 is up more than 22 percent, and the Nasdaq is up more than 27 percent so far this year.
U.S. Commerce Secretary Wilbur Ross said Sunday that American firms would be granted licenses to sell to Chinese telecom giant Huawei “very shortly.” Ross’ comments came after China said Friday it reached a consensus with the U.S. in principle following trade talks last week.
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