Nears Record High as Oil, Bond Yields Extend Slide

Major U.S. stock indexes pushed toward fresh highs as crude oil prices and Treasury yields continued to slide. On September 22, the S&P 500 rose about 0.2% to 7,780, just below its August record of 7,798. The Nasdaq Composite jumped roughly 600 points and topped 27,000 for a record, while the Dow Jones Industrial Average regained 52,000 and rose more than 100 points. The rally came as investors looked to a meeting between President Donald Trump and Chinese leader Xi Jinping this week and reacted to a Reuters report on possible conditions to reopen the Strait of Hormuz within seven days.