SandP index nears record high.


US stocks rose on Friday after Washington said it was close to finalizing parts of a trade pact with Beijing and strong quarterly results from Intel Corp boosted investor sentiment, sending the SandP 500 briefly over the record high close it set three months ago.

During the session, the benchmark index peaked at 3,027.39, which surpassed its closing record of 3,025.86 on July 26. It ended at 3,022.55, and the SandP 500 total return index notched an all-time high.

Wall Street enjoyed a strong week, boosted by a clutch of better-than-expected third-quarter earnings reports. The SandP 500 posted its biggest weekly percentage gain in seven weeks, the Nasdaq its biggest in eight...

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