U.S. stocks climbed Thursday after the Wall Street Journal reported that U.S. officials could reduce the new tariffs on Chinese imports as part of trade negotiations between the two countries. It was the latest in a series of potentially conflicting updates on the trade dispute.
The S&P 500 index rose 19.86 points, or 0.8 percent, to 2,635.96.
The Dow Jones Industrial Average gained 162.94 points, or 0.7 percent, at 24,370.10.
The Nasdaq composite added 49.77 points, or 0.7 percent, to 7,084.46.
The Russell 2000 index of smaller-company stocks climbed 12.55 points, or 0.9 percent, to 1,467.25.
For the week:
The S&P 500 is up 39.70 points, or 1.5 percent.
The Dow is up 374.15 points, or 1.6 percent.
The Nasdaq is up 112.99 points, or 1.6 percent.
The Russell 2000 is up 19.86 points, or 1.4 percent.
For the year:
The S&P 500 is up 129.11 points, or 5.2 percent.
The Dow is up 1,042.64 points, or 4.5 percent.
The Nasdaq is up 449.19 points, or 6.8 percent.
The Russell 2000 is up 118.69 points, or 8.8 percent.