U.S. stocks rose on Friday, as big banks gained after clearing the Federal Reserve's stress test, while investors kept a watch on the G20 summit where a meeting between Presidents Donald Trump and Xi Jinping could lay the groundwork to resolve their trade dispute.

Trump said he hoped for productive talks with the Chinese president, but said he had not made any promises about a reprieve from escalating tariffs. The two leaders are scheduled to meet on the sidelines of the G20 summit this weekend in Japan.

At 10:53 a.m. ET the Dow Jones Industrial Average was up 39.47 points, or 0.15%, at 26,566.05 and the S&P 500 was up 6.66 points, or 0.23%, at 2,931.58.The Nasdaq Composite was up 12.36 points, or 0.16%, at 7,980.12.

Source : Reuters