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Market Snapshot: S&P 500, Nasdaq close at 5-month high on China trade, global growth optimism

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Optimism over trade talks is bolstering market sentiment.

U.S. stocks rose Friday as major benchmarks aimed for their most robust weekly gains in a month with sentiment buoyed by encouraging headlines on U.S.-China trade negotiations and Chinese assurances of forthcoming economic stimulus.

Stocks were also expected to be affected by Friday’s quadruple witching, the simultaneous expiration of stock-index futures and stock-index options, as well as individual stock futures and options.

How did major indexes fare?

The Dow Jones Industrial Average DJIA, +0.46% rose 145 points, or 0.6%, to 25,855, while the S&P 500 index SPX, +0.47% climbed 15 points, or 0.6%, to 2,824.

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