The S&P 500 and Nasdaq closed in record territory on Friday with slight gains following news that the U.S. and China have agreed on Phase One of a trade deal.
The Dow Jones barely missed a record close as well but still ended up in positive territory at 28,135.38.
Elaine Low, staff writer with The Ankler, joined Cheddar News to break down the latest deal with the studios, why it was such a tough negotiation, and what lies ahead.