The big week for stock markets on the US-China climb-down is continuing late on Friday. The S&P 500 has edged to a fresh session high up 33 points, or 0.6%.
Trading has been lighter late in the week but the momentum trade has continued to work.
Technically, there isn’t much (anything?) standing in the way of a return to the February highs. The AI trade is working again as well.
This article was written by Adam Button at www.forexlive.com.
