India, June 27 -- Stocks have moved mostly higher during trading on Friday, extending the upward move seen throughout much of the past week. The continued advance has lifted the S&P 500 and the Nasdaq to new record intraday highs.
Currently, the major averages are just off their highs of the session. The Dow is up 384.92 points or 0.9 percent at 43,771.76, the Nasdaq is up 111.11 points or 0.6 percent at 20,279.02 and the S&P 500 is up 36.56 points or 0.6 percent at 6,177.57.
Optimism about new trade deals is contributing to the continued strength on Wall Street after President Donald Trump indicated the U.S. had signed an agreement with China.
A White House official later clarified that the U.S. and China have agreed to "an additional u...