"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards will honor the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.Futures Nowread more
(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)
* Pence delays speech amid "positive signs" on talks - WSJ
* Trump warned Tehran of imminent attack
* Energy companies gains as crude prices move higher
* Indexes up: Dow 0.45%, S&P 0.23%, Nasdaq 0.14% (Updates prices, comments)
June 21 (Reuters) - The S&P 500 hit a new all-time high on Friday, as U.S. Vice President Mike Pence's decision to defer a planned speech on China policy rekindled optimism over trade talks between the world's two largest economies.
The decision was taken amid "positive signs" that trade talks with China could be back on track, the Wall Street Journal reported, citing a senior administration official.
The three main indexes were trading in a tight range rose on the report, with the benchmark S&P 500 index hitting an intraday high of 2,964.15, a day after closing at a record 2,954.18.
The United States and China have said that they would restart their trade talks after a long lull at the Group of 20 summit in Japan next week.
"Investors are cautiously optimistic about the G20 summit. If they make progress then markets will celebrate that," said Michael Antonelli, market strategist at Robert W. Baird in Milwaukee.
Stocks had their worst monthly performance this year in May on fears of the impact of the prolonged trade war on global economic growth.
Markets opened lower following an escalation in tensions in the Middle East after President Donald Trump delivered a warning to Iran of an imminent attack after Teheran downed a U.S. drone.
The possibility of a disruption of oil flows if the U.S. attacks Iran fueled a 1% rise in crude prices and pushed the energy sector 1.05% higher.
At 11:24 a.m. ET, the Dow Jones Industrial Average was up 120.71 points, or 0.45%, at 26,873.88, the S&P 500 was up 6.83 points, or 0.23%, at 2,961.01. The Nasdaq Composite was up 10.99 points, or 0.14%, at 8,062.33.
Trade-sensitive industrials rose 0.1%, while the technology sector traded 0.1% higher.
Carnival Corp fell for the second day, down 4.94%, and among the biggest decliners. Several brokerages trimmed their price targets after the cruise operator cut its 2019 profit forecast.
Declining issues outnumbered advancers for a 1.26-to-1 ratio on the NYSE and for a 1.41-to-1 ratio on the Nasdaq.
The S&P index recorded 31 new 52-week highs and two new lows, while the Nasdaq recorded 32 new highs and 44 new lows. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Sriraj Kalluvila)