Listen: Stock-market benchmarks post new records after U.S. seals trade accords with China, Mexico and Canada
"Dow closed closed above twenty nine thousand for the first time. Ever after President Trump signed phase. One trade deal with China the S. and P.. Five hundred also closed at a record. Markets reporter Caitlyn Ostrov has more on what cheered investors. So we've been seeing the market. Go Up for a while now. On expectations that the steel would get signed and while the actual signing was going news for markets that was still a psychological milestone that helped push the dow up and the S&P in part because a lot of the AH tech companies on the Dow wind up using parts made in China and so some of the concern. Was that you know. President trump at one point told companies to get out of China polder manufacturing out of there and so it seems like tensions de escalating. And that's going to be beneficial for those companies. There's also the expectation that those companies will continue to do well well with the low interest rate environment that we have currently and is expected to hold through this year and so the Dow was performing very well and is expected to potentially cross cost thirty thousand in the coming weeks months by that growth."