The S&P 500 opened at another record high on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing rose 3% after it fired Chief Executive Dennis Muilenburg.
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Oil was little changed on Monday, holding near a three-month high on optimism over a nearing U.S.-China trade deal even as Russia said an OPEC-led pact may consider easing output cuts next year.
China dismissed accusations of forced labor at a Shanghai prison on Monday, a day after media reports that a message had been found in a Christmas card saying it had been packed by inmates.
Bombardier Inc said on Monday its newest business jets, Global 5500 and 6500, received U.S. Federal Aviation Administration certification, clearing the way for the Canadian plane maker to start deliveries.
Boeing Co has fired Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.
Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co.
U.S. stocks are poised to close out the decade with the longest bull market in history still intact.
New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter.
The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing shares lifted the Dow after the planemaker fired its chief executive officer.
Boeing Co ousted Chief Executive Dennis Muilenburg as the world's biggest planemaker sought to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.
Boeing Co has fired Chief Executive Dennis Muilenburg following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.
Oil prices fell on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.
Boeing Co appointed Chairman David Calhoun as chief executive to steer the world's largest planemaker through a crisis after two deadly crashes led to the grounding of its best-selling 737 MAX jetliner.