Major U.S. stock indices close at record highs following a slight easing of trade tensions between the U.S. and China.
FILE - In this July 1, 2019, file photo trader Vincent Napolitano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 3.
The S&P 500 rose 22.81 points, or 0.8%, to close at 2,995.82. The third record high close in as many days also pushed the index closer to breaching the 3,000 mark. “Clearly the trade truce with China has been a catalyst for the market even though there remain uncertainties,” said Quincy Krosby, chief market strategist at Prudential Financial.
A broad mix of health care companies lifted that sector. Johnson & Johnson rose 1.5% and Merck rose 1.6%.
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