US STOCKS SNAPSHOT-S&P 500 nears record on U.S.-China trade report

The S&P 500 inched closer to a record high on Friday after a CNBC report that the United States and China were close to finalizing some sections of a trade agreement after a phone call between top negotiators.

At 11:24 a.m. ET, the Dow Jones Industrial Average was up 188.84 points, or 0.70%, at 26,994.37, the S&P 500 was up 14.36 points, or 0.48%, at 3,024.65. The Nasdaq Composite was up 51.52 points, or 0.63%, at 8,237.32.

Also Read: UPDATE 2-Euro zone bonds sell off after EU, UK negotiators said to be close to draft Brexit deal