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Today, the S&P 500 is on the way to a fresh, high level



S&P ( SPX ) climbed above its record level closing on July 26 around noon Friday. The stock index rose 0.5%.
Dow ( INDU ) and Nasdaq Composite ( COMP ) both still have a little bit further on. to reach their July highs.

The Dow was 0.6%, or 170 points, still around 370 points below its continuous close. The Nasdaq is 0.6% and more than 1% below its final record.

All three indices are on track for profit this week, driven mostly by corporate earnings.

However, on Friday, the US Commerce Office's Representative stated that the United States and China were aiming to finalize their first trade agreement. This gave a boost to the stock.

The two largest economies in the world reached a preliminary trade agreement two weeks ago.

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