US stocks recorded a significant rise at the end of trading on Thursday, supported by the rise in shares of technology companies, at a time when investors followed economic data described as positive, in addition to anticipating the results of the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping in Beijing.
The three major US indices achieved collective gains, while the Standard & Poor’s 500 and Nasdaq closed at new record levels.
According to preliminary data, the Standard & Poor’s 500 Index rose by about 57.39 points, or 0.77%, to reach 7,501.64 points, and the Nasdaq Composite Index rose by 232.88 points, or 0.88%, to reach 26,635.83 points.
On the other hand, the Dow Jones Industrial Average increased by 374.79 points, or 0.75%, to close at 50,067.99 points.
