Wall Street rises on fresh hopes for U.S.-China trade deal

Wall Street rises on fresh hopes for U.S.-China trade deal

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 9, 2019. REUTERS/Brendan McDermid

NEW YORK (Reuters) – U.S. stocks rose on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares also boosted the market.

The Dow Jones Industrial Average .DJI rose 153.58 points, or 0.58%, to 26,499.59, the S&P 500 .SPX gained 18.93 points, or 0.65%, to 2,938.33 and the Nasdaq Composite .IXIC added 47.04 points, or 0.6%, to 7,950.78.

Reporting by Caroline Valetkevitch; Editing by Sandra Maler

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