US stocks close higher – Dow Jones and S&P 500 are recovering from 3 consecutive losses

US Wall St.
File Reuters

UNITED STATES (VOP TODAY NEWS) — The Standard & Poor’s 500 and Dow Jones fell on three straight losses on Friday, supported by a wave of optimism about a possible US-China trade deal that cast a shadow over negative manufacturing activity in the world’s two largest economies.

The Dow Jones industrial average closed up 110.32 points, or 0.43 percent, at 2,6027.32. The Standard & Poor’s 500 Index <.SPX> was up 19.20 points, or 0.69 percent, to end unofficially at 2,803.69.

The Nasdaq Composite Index closed up 62.82 points, or 0.83 percent, at 7,595.35.

Over the course of the week, the S & P and Nasdaq rose 0.4 percent and 0.9 percent respectively, while the Dow ended the week down 0.02 percent.

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