TechFlow, June 27 — According to Jinshi Data, U.S. stocks hit new highs on Friday, driven by recent developments in trade disputes and budget negotiations in the U.S. Congress. Both the S&P 500 and the Nasdaq Composite reached record highs as investors increasingly shrugged off economic threats from the trade war and Middle East instability. Both the U.S. Secretary of Commerce and Treasury Secretary Bastant stated that the U.S. is nearing many trade agreements. Bastant said Washington hopes to complete trade talks with a dozen countries by early September.
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