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S&P 500 rises on investor optimism ahead of G20 summit

Updated : June 28, 2019 06:23 AM IST

The benchmark S&P 500 snapped its four-day losing streak, closing within 1 percent of its all-time high, reached a week ago.
Optimism fueled by a China Morning Post report that the world's two largest economies have agreed to a tentative trade war truce was dampened by a Wall Street Journal article saying that Chinese President Xi Jinping will present President Donald Trump with a set of conditions to be met by the United States before reaching any settlement.
S&P 500 rises on investor optimism ahead of G20 summit

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