Market Snapshot: U.S. stocks climb to fresh records on revived hope for U.S. - China trade deal [MarketWatch]
Apple Inc. (AAPL)
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Source: MarketWatch
U.S. stocks climb to fresh records on revived hope for U.S. - China trade deal U.S. stocks closed at fresh record highs on Friday on revived hopes for a U.S. - China trade deal despite mixed economic data. The Dow hit 28,000 for the first time after posting a fourth straight week of gains, while the S&P500 index rallied for a sixth week, its longest winning streak since November 2017. The Dow Jones Industrial Average DJIA, +0.80% rose 222.93 points, or 0.8%, to 28,004.89, while the S&P 500 index SPX, +0.77% gained 23.83 points, or 0.77%, to trade at 3,120.46. The Nasdaq Composite index COMP, +0.73% was up 61.81 points, or 0.73%, to 8,540.83. Year-to-date the Dow is up 20.05%, the S&P 500 has gained 24.48% and the Nasdaq 28.72% On Thursday, the Dow ended marginally lower, falling 1.63 points to 27,781.96, a day after eking out a record close. The S&P 500, meanwhile, tiptoed further into uncharted territory with a rise of 2.59 points, or 0.1%, to end at 3,096.63 — it’s 21st recor
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