S&P 500 Ends Higher Despite Fading After US-China Reality Check
This article is for subscribers only.
US stocks advanced for a second straight day despite paring gains as Treasury Secretary Scott Bessent cast doubt on a resolution to the nation’s trade war with China.
The S&P 500 Index closed up 1.7% in New York, trimming an earlier increase of as much as 3.4%. Meanwhile, the Nasdaq 100 Index finished the day with a 2.3% gain, pulling back from a jump of as much as 4.2%.