The S&P 500 Index ($SPX) (SPY) Friday closed up +1.47%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.60%. June E-mini S&P futures (ESM25) are up +1.50%, and June E-mini Nasdaq futures (NQM25) are up +1.60%.
Stock indexes rallied on Friday and settled moderately higher, with the S&P 500 and Nasdaq 100 posting 5-week highs and the Dow Jones Industrials posting a 1-month high. Stocks rose Friday on a possible thaw in the US-China trade stalemate. China’s Commerce Ministry is assessing the possibility of trade talks with the US. On Friday, it said, “The US has recently sent messages to China through relevant parties, hoping to start trade talks with China, and we are currently evaluating this.”
