How Major US Stock Indexes Fared May 8
U.S. stocks rose after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries.
The S&P 500 climbed 0.6 percent Thursday, marking its 11th gain in the last 13 days. The Dow Jones Industrial Average added 0.6 percent, and the Nasdaq composite gained 1.1 percent.
Stocks got a boost after President Donald Trump gave potentially encouraging updates on upcoming talks with China, but some of the gains faded late in the day. Bitcoin jumped above $101,000, crude oil prices climbed and the price of gold eased back as investors felt less need for safety….
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