Dow sets second record close of 2020 as stocks rally on trade optimism, fading Mideast tensions

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Dow sets second record close of 2020 as stocks rally on trade optimism, fading Mideast tensions
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Dow ends up over 200 points at record high on trade optimism

U.S. stocks set new records Thursday, with all three major benchmarks notching fresh all-time intraday and closing highs after the Chinese government confirmed it would sign a phase-one trade deal with the U.S. next week. The Dow Jones Industrial Average DJIA, +0.74% rose 213 points, or 0.7% to about 28,958 and the S&P 500 index SPX, +0.67% gained roughly 22 points, or 0.7% to end the session at 3,275. The Nasdaq Composite index COMP, +0.

See Full Story Stocks soar to record close as investor focus shifts back to trade U.S. stock indexes on Thursday hit new records as investors turn to fresh progress on a partial China trade pact, amid apparent easing of Middle East tensions. #div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

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