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Business / World Business

S&P 500 hits all-time high on US-China trade progress

Published: 27 Jun 2025 - 05:22 pm | Last Updated: 27 Jun 2025 - 05:24 pm
Traders work on the floor of the New York Stock Exchange (NYSE) on May 19, 2025 in New York City. (Photo by Spencer Platt/Getty Images/AFP)

Traders work on the floor of the New York Stock Exchange (NYSE) on May 19, 2025 in New York City. (Photo by Spencer Platt/Getty Images/AFP)

AFP

New York: The S&P 500 rose to an all-time high Friday morning aa US and Chinese representatives confirmed progress towards a trade deal and markets absorbed mixed US economic data.

About 20 minutes into trading, the broad-based S&P 500 stood at 6,161.77, up 0.3 percent and above the index's all-time closing high.