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S&P 500 sets new all-time closing high

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In the wake of a U.S-China trade truce, the Standard & Poor’s 500 set a new closing record Monday. It climbed 0.8% on the day to 2,964 points, according to CNN.

Investors responded to President Donald Trump and China's Xi Jinping agreeing to shelve new import tariffs and continue trade talks. 

Read more from CNN.


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