Wall Street rises over 1 pecent, posts fourth straight week of gains

FAN Editor
Traders work on the floor of the NYSE in New York
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid

January 18, 2019

NEW YORK (Reuters) – U.S. stocks rose on Friday, helping Wall Street’s major indexes advance for a fourth consecutive week, as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.

The Dow Jones Industrial Average <.DJI> rose 342.69 points, or 1.41 percent, to 24,712.79, the S&P 500 <.SPX> gained 35.33 points, or 1.34 percent, to 2,671.29, and the Nasdaq Composite <.IXIC> added 72.77 points, or 1.03 percent, to 7,157.23.

(Reporting by April Joyner; Editing by Leslie Adler)

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