U.S. stocks close higher on trade optimism

U.S. stocks close higher on trade optimism

The Star Online - News·2025-05-09 08:02

NEW YORK, May 8 (Xinhua) -- U.S. stocks ended higher on Thursday, after U.S. President Donald Trump unveiled the outline of a trade agreement framework with the Britain, which marks the first deal since the United States imposed broad-based tariffs in early April.

The Dow Jones Industrial Average rose 254.48 points, or 0.62 percent, to 41,368.45. The S&P 500 added 32.66 points, or 0.58 percent, to 5,663.94. The Nasdaq Composite Index increased 189.98 points, or 1.07 percent, to 17,928.14.

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