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Technology and health care companies led U.S. stocks higher Friday, giving the S&P 500 index its fourth straight weekly gain.
The broad rally came as investors grew hopeful that talks between the U.S. and China would defuse a costly trade war between the two countries. High-level talks between U.S. and Chinese negotiators were slated to continue this weekend.
On Friday:
The S&P 500 index rose 17.79 points, or 0.6 per cent, to 2,792.67.
The Dow Jones Industrial Average gained 181.18 points, or 0.7 per cent, to 26,031.81.
The Nasdaq composite climbed 67.84 points, or 0.9 per cent, to 7,527.54.
The Russell 2000 index of smaller companies picked up 14.51 points, or 0.9 per cent, to 1,590.06.
For the week:
The S&P 500 rose 17.07 points, or 0.6 per cent.
The Dow added 148.56 points, or 0.6 per cent.
The Nasdaq gained 55.13 points, or 0.7 per cent.
The Russell 2000 picked up 20.81 points, or 1.3 per cent.
For the year:
The S&P 500 is up 285.82 points, or 11.4 per cent.
The Dow is up 2,704.35 points, or 11.6 per cent.
The Nasdaq is up 892.27 points, or 13.4 per cent.
The Russell 2000 is up 241.50 points, or 17.9 per cent.
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