Stocks Climb to Record Highs as Trade Tensions Ease

It's a classic risk-on move because while stocks are rising, gold and the 10-year Treasury note, the safest government bond there is, have lost value. Representatives for China and the U.S. on Sunday agreed on a framework of a trade deal for President Donald Trump and Chinese President Xi Jinping to decide on later this week. It bodes well for investors as it indicates better access to critical minerals for U.S. companies and suggests lower sanctions on China. The Dow was up 222 points, or 0.5%. The S&P 500 ...