(CNBC) Stocks rose on Friday as another round of trade talks between the U.S. and China wrapped up with investors increasingly more hopeful a deal will be struck.
The Dow Jones Industrial Average gained 180 points as Intel outperformed. The 30-stock index also broke above 26,000 for the first time since early November and posted its ninth consecutive weekly gain, its longest streak since May 1995. The Nasdaq Composite advanced 0.9 percent as shares of Facebook, Amazon, Netflix and Alphabet all closed higher. The tech-heavy Nasdaq also notched its ninth straight weekly gain, its longest streak since May 2009.
The small-caps Russell 2000 gained 0.9 percent and recorded its longest weekly winning streak since 1996.The S&P 500 climbed 0.6 percent, led by gains in the tech sector.
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