U.S. stocks recovered from a morning slide and moved higher to close in the black on Thursday as investors remained optimistic about prospects for a U.S.-China trade deal despite a looming deadline for the imposition of fresh import tariffs by President Donald Trump.
The Dow Jones Industrial Average closed up 28.01 points, 0.1%, at 27,677.79 after trading in the red most of the day. The S&P 500 was up 4.67 points, or 0.15%, at 3,117.43 and the Nasdaq 100 closed 4.03 points higher, or 0.05%, at 8,570.70.
As of Thursday’s close, all three indexes will still closely the week lower: the Dow is still on track to decline 1.3%, the S&P 500 is poised for a 0.7% skid, and the Nasdaq Composite will see a decline of 1.1%.
Source : Marketwatch