(CNBC) Stocks closed higher on Thursday as technology shares rose, but investors remained on edge as the U.S. prepared to slap tariffs on goods imported from China.
The Dow Jones Industrial Average rose 181.92 points to 24,356.74, with Intel and Walgreens Boots Alliance outperforming. The S&P 500 gained 0.9 percent to close at 2,736.61 as tech climbed 1.5 percent. The Nasdaq composite advanced 1.1 percent to 7,586.43 as Facebook, Amazon, Netflix and Google-parent Alphabet all rose.
The U.S. is expected to activate levies on $34 billion in Chinese-made goods on Friday, with Beijing expected to respond with its own levies on U.S. goods.
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