The S&P 500 index rose to an all-time high of 2943.83 following a 3.9 percent gain in the month of April boosted by a stronger-than-expected Gross Domestic Product (GDP) report and generally solid corporate earnings. The rhetoric from the ongoing trade tensions with China has been toned down, however, a comprehensive deal remains elusive as issues of enforcement and the roll-back of tariffs remain unresolved.

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