The S&P 500 climbed 0.5% during morning trading in New York, reaching a new all-time high by surpassing the 5,770 level, previously touched in late September. The rally was fueled by a continued decline in oil prices, amid a lack of further escalation in the Middle East conflict and disappointing news regarding fiscal stimulus from China. Investors are now focusing on the Federal Reserve’s next moves, with the minutes from the September meeting set to be released at2 p.m. ET on Wednesday. Eight of the S&P 500’s 11 sectors traded in positive territory, with utilities, materials and real estate …
