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November 26, 2019

Stocks jump to records as tech, small companies lead the way

By STAN CHOE and DAMIAN J. TROISE
AP Business Writers

NEW YORK — A flurry of buyout deals and rising optimism about U.S.-China trade talks sent stocks back to record heights Monday, the latest bit of fuel for a market that's been climbing since early last month.

Technology stocks and smaller companies led the way after China issued new guidelines for the protection of patents and copyrights. Theft of such intellectual property has been a big sticking point in the trade war between the world's largest economies, and markets saw China's move as an encouraging sign for negotiations on the first phase of a deal.


 
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