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US equities hit record on optimism over US-China dispute

Sarah Provan in London, Daniel Shane in Hong Kong and Richard Henderson in New York

Fresh optimism on trade negotiations and positive corporate earnings sent US stocks to a new record on Monday and pushed global equities indices higher. The S&P 500 advanced 0.4 per cent, extending last week’s all-time closing high for the index and driving a 22.8 per cent bull run so far this year,