S&P 500 hits all-time high on trade optimism, rate cut hopes
October 28, 2019
Trade optimism, Fed rate-cut expectation sends S&P 500 to record
October 28, 2019

U.S.-China trade hopes boost stocks; dollar weak

An index of global stock markets rallied to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.

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