The S&P 500 Index and Nasdaq both hit new highs

BlockBeats News: On June 27th, driven by the latest developments in the trade dispute and budget negotiations in the US Congress, the US stock market hit a new high on Friday. The S&P 500 Index and Nasdaq Composite Index both hit new highs as investors increasingly overlook the economic threats posed by trade wars and instability in the Middle East. Both the US Secretary of Commerce and the Secretary of the Treasury, Besson, have stated that the United States is approaching many trade agreements. Besent said that Washington hopes to complete trade negotiations with over a dozen countries before early September. (Golden Ten)