S&P 500 sets all-time high even as global growth concerns cap gains
U.S. stocks ended in positive territory, after flipping between gains and losses throughout the session, despite global trade uncertainty weighing on international growth. The S&P 500 was up 0.3% to finish around 2,973, carving out a fresh all-time closing high. The Dow Jones Industrial Average advanced 69 points, or 0.3%, to end around 26,787, based on preliminary numbers. The Nasdaq Composite rose 0.2% to finish near 8,109. President Donald Trump threatened to impose tariffs on European Union products, only days after he struck a truce with China to postpone the imposition of tariffs on another $300 billion of imports. White House economic adviser Peter Navarro said to CNBC that U.S.-China negotiations would "take time." Shares of Amarin Corp. climbed 17% after the pharmaceutical raised its outlook. The 10-year Treasury note yield finished at 1/978%, its lowest since Nov. 8, 2016.
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