US Stocks Book New Records (Market Trading)


Wall Street edged higher to fresh highs on Tuesday, as prospects for a limited deal between China and the US brightened. On Tuesday, Beijing and US trade negotiators spoke by phone and offered a positive message that talks continue to progress. Chinaโ€™s Commerce Ministry said both countries โ€œreached a consensus on properly resolving related issues.โ€ On the corporate side, retailers outperformed after Best Buy posted better than expected quarterly earnings and raised its fiscal 2020 earnings forecast. The Dow Jones gained 54 points or 0.2% to 28122. The S&P 500 added 7 points or 0.2% to 3141. The Nasdaq climbed 15 points or 0.2% to 8648. 

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