S&P 500 Hits New Record High
Despite a fresh all-time high in the S&P 500, global markets were rather mixed this morning with European indexes opening little changed and U.S. futures somewhat lower.
Tensions between Beijing and the U.S. are also meddling with sentiment levels after President Trump delayed a virtual meeting because he “doesn’t want to deal with them right now.” However, an 8.2% rise in exports to China implies their recovery is counterbalancing weak demands in other markets.
But could these trade tensions set back this positive growth?
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