Stocks in the U.S. and Europe jumped Friday as renewed hopes for progress in trade talks between the U.S. and China helped the markets finish the week with another strong gain.
On Friday:
The S&P 500 index leaped 34.75 points, or 1.3 percent, to 2,670.71.
The Dow Jones Industrial Average advanced 336.25 points, or 1.4 percent, to 24,706.35.
The Nasdaq composite rose 72.76 points, or 1 percent, to 7,157.23.
The Russell 200 index of smaller-company stocks gained 15.25 points, or 1 percent, to 1,482.50.
For the week:
The S&P 500 surged 74.45 points, or 2.9 percent.
The Dow climbed 710.40 points, or 3 percent.
The Nasdaq picked up 185.75 points, or 2.7 percent.
The Russell 2000 added 35.12 points, or 2.4 percent.
For the year:
The S&P 500 is up 163.86 points, or 6.5 percent.
The Dow is up 1,378.89 points, or 5.9 percent.
The Nasdaq is up 521.95 points, or 7.9 percent.
The Russell 2000 is up 133.94 points, or 9.9 percent.
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