Stocks surged on Wall Street Friday after Chinese and U.S. officials agreed to continue trade talks in Washington next week.
The rally drove the Dow Jones Industrial Average up more than 400 points and helped give the benchmark S&P 500 index its third-consecutive weekly gain.
On Friday:
The S&P 500 index gained 29.87 points, or 1.1 per cent, to 2,775.60.
The Dow climbed 443.86 points, or 1.7 per cent, to 25,883.25.
The Nasdaq composite rose 45.46 points, or 0.6 per cent, to 7,472.41.
The Russell 2000 index of smaller companies picked up 24.14 points, or 1.6 per cent, to 1,569.25.
For the week:
The S&P 500 rose 67.72 points, or 2.5 per cent.
The Dow added 776.92 points, or 3.1 per cent.
The Nasdaq gained 174.21 points, or 2.4 per cent.
The Russell 2000 picked up 62.85 points, or 4.2 per cent.
For the year:
The S&P 500 is up 268.75 points, or 10.7 per cent.
The Dow is up 2,555.79 points, or 11 per cent.
The Nasdaq is up 837.13 points, or 12.6 per cent.
The Russell 2000 is up 220.69 points, or 16.4 per cent.
The Associated Press
