US stocks hit record closing highs again.


US stocks hit record closing highs again on Friday and the SandP 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the US-China trade dispute.

The Dow Jones Industrial Average rose 78.13 points, or 0.28%, to 28,455.09, the SandP 500 gained 15.85 points, or 0.49%, to 3,221.22 and the Nasdaq Composite added 37.74 points, or 0.42%, to 8,924.96.

The SandP 500 rose for a fourth straight week, gaining 1.7% for the week, its biggest weekly gain since early September.

President Donald Trump claimed...

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