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S&P 500 Nears High On Trade Progress

Video Credit: Wochit Business
Published on October 25, 2019 - Duration: 00:37s

S&P 500 Nears High On Trade Progress

NEW YORK (Reuters) - U.S. stocks rose on Friday after Washington said it was close to finalizing parts of a trade pact with Beijing and strong quarterly results from Intel Corp (INTC.O) boosted investor sentiment, sending the S&P 500 briefly over the record high close it set three months ago.

During the session, the benchmark index .

SPX peaked at 3,027.39, which surpassed its closing record of 3,025.86 on July 26.

It ended at 3,022.55, and the S&P 500 total return index .

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