Stock Market News

S&P 500 rises on investor optimism ahead of G20summit

The DowJones Industrial Average fell 10.24 points, or 0.04%, to 26,526.58, the S&P 500 gained 11.14 points, or 0.38%, to 2,924.92 and the Nasdaq Composite added 57.79 points, or 0.73%, to close at 7,967.76.

The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.

The benchmark S&P 500 snapped its four-day losing streak, closing within 1% of its all-time high, reached a week ago.

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