(CNBC) Stocks rose on Thursday, inching closer to record highs, as Wall Street digested a slew of U.S.-China trade news along with a large bond buying program from Europe’s central bank.
The Dow Jones Industrial Average traded 140 higher, or 0.5%. The S&P 500 gained 0.6% while the Nasdaq Composite advanced 0.7%.
President Donald Trump agreed on Wednesday to delay an additional increase in tariffs on Chinese goods by two weeks “as a gesture of good will.” The move raised hopes of a thaw in trade frictions between the world’s two largest economies.
