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The Dow could reach a record high on Monday



Stock levels rose on continued hope that the United States and China would reach a full trade agreement.

The Dow ( INDU ) [19459007alsoexceeded120pointsor05%duringthe S & P 500 ( SPX ) also at 0, 5% went up. The Nasdaq Composite ( COMP ) climbed 0.6% higher.

All three indices were at all-time highs at noon, but whether these gains will last until the end remains to be seen.

Despite this, the Dow surpassed a record in mid-July. A new value for the highest intraday level has already been set. The magic number it takes to close up is 27,359.1

6 points.

Both the S & P and the Nasdaq closed on Friday at all-time highs. Last week alone, the S & P set three records.
Although there is little news on the trade front on Monday, hopes of last week have revived for a US-China trade agreement after Trade Minister Wilbur Ross had expressed optimism about an agreement in a Bloomberg interview. Ross also said that US companies selling parts to the Chinese company Huawei would receive licenses.
The world's top two economies agreed on a "Phase 1" deal in October and should sign it at the APEC meeting in Chile. Chile does not host anymore. President Donald Trump said in a tweet last week on Thursday that Beijing and Washington are working to find a new place for signing.


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