S&P 500 Ekes Out Gain as US-China Talks to Resume: Markets Wrap

Wall Street traders glued to their screens amid commercial talks between the US and China drove stocks mildly higher, with officials hinting at progress in negotiations that are set to resume Tuesday. Bonds bounced after Friday’s selloff as inflation expectations eased. The dollar fell.

The S&P 500 eked out a gain, remaining nearly 2% away from its February peak. Tesla Inc. jumped about 4.5% as President Donald Trump reiterated the desire to end his spat with Elon Musk, saying he’d retain Starlink internet service at the White House and wished his billionaire backer “very well.” Apple Inc. slipped over 1% as it didn’t feature any noticeable artificial-intelligence advancements during a developers conference.