Trade Talks Send S&P 500 to Third Straight Gain
The S&P 500 notched a sixth gain in seven sessions after signs of progress in trade talks between U.S. and Chinese officials in London.
The broad index hit session highs Tuesday afternoon after Commerce Secretary Howard Lutnick told reporters the talks were 'going really, really well.' Kevin Hassett, director of the National Economic Council, said that the negotiations were likely to result in Beijing quickly releasing rare earths for export and Washington easing China's access to semiconductors.
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