December 20, 2019 / 9:10 PM / 8 months ago

US STOCKS SNAPSHOT-Wall Street hits highs on trade progress optimism

NEW YORK, Dec 20 (Reuters) - U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic over progress in the U.S.-China trade war.

The Dow Jones Industrial Average rose 77.59 points, or 0.27%, to 28,454.55, the S&P 500 gained 15.82 points, or 0.49%, to 3,221.19 and the Nasdaq Composite added 37.74 points, or 0.42%, to 8,924.96. (Reporting by Caorline Valetkevitch; Editing by Sandra Maler)

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