Wall Street ekes out gains as trade optimism pressured by defensive stocks
Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset optimism following US President Donald Trump's conciliatory remarks toward China's ZTE Corp that calmed the waters of US-China trade tensions.
The S&P 500 pared its gains after hitting a roughly two-month high earlier in the session, but at closing bell the index held onto its four-day winning streak.
Trump vowed on Sunday to help China-based communications firm ZTE "get back into business, fast" nearly a month after the Commerce Department implemented a ban on US companies selling to the company.
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