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Industrials, energy push S&P to 5-month high; banks weigh

Reuters 

By Amy Caren Daniel(Reuters) - The benchmark S&P 500 edged back to five-month highs on Friday as gains in industrials and energy companies more than offset a drop in financials after a mixed bag of quarterly reports from three big Wall Street banks.Industrial stocks, among the worst hit during the trade disputes, gained in the absence of any trade rhetoric overnight. Treasury Secretary Steven Mnuchin said the United States and China could reopen trade talks if Beijing was willing to make significant changes.The industrial sector gained 0.48 percent, with Boeing, Caterpillar and 3M all up ...

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First Published: Fri, July 13 2018. 21:53 IST
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