U.S. stocks hit a one-month high on Thursday on hopes of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong economic data eased concerns of a domestic slowdown. Earlier, China’s Commerce Ministry said its trade team would lay the groundwork with their U.S. counterparts in mid-September for the October talks, providing relief for markets around the globe that have been bruised by the drawn-out trade war. Technology stocks provided the biggest boost to S&P 500, rising 1.72%, while financials jumped 1.96%, the most among the 11 major S&P sectors.

source https://finance.yahoo.com/news/us-stocks-robust-economic-data-173257561.html?.tsrc=rss