Wall Street pulls within 1% of its record after oil prices and bond yields ease

The briefing

U.S. stocks climbed, bringing the S&P 500 within 0.4% of its all-time high, aided by declining oil prices and easing bond yields. Brent oil fell to $100.29 a barrel, while the 10-year Treasury yield edged down to 4.97%. Meanwhile, investors showed optimism following trade discussions between U.S. and Chinese officials in New York.