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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. 

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