Stocks set all-time highs at opening bell on U.S.-China trade hopes

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Stocks set all-time highs at opening bell on U.S.-China trade hopes
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U.S. stocks hit all-time highs at opening bell on restored hope for trade deal

U.S. stocks were tugged higher on Friday following comments by White House officials that talks toward a U.S.-China phase one trade deal were entering their final stages. The S&P 500 SPX, +0.34% was up 0.4% to around 3,109. The Dow Jones Industrial Average DJIA, +0.33% advanced 106 points, or 0.4%, to 27,888. The Nasdaq Composite COMP, +0.43% rose 0.5% to 8,524. All three equity benchmarks hit all-time intraday records on Friday.

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