With less than two weeks left in 2019, the S&P 500 is up 28.5 percent for the year. Momentum for stocks has been clearly upward for months, however, and the market is heading into what's historically been a seasonally good period.
Wall Street also got a boost after President Donald Trump tweeted he had a "very good talk" with Chinese President Xi Jinping about the U.S.
The major USA stock indexes have climbed to record highs as investors welcomed the news that Washington and Beijing had taken steps to cool their trade conflict.
The S&P 500 rose for a fourth straight week, gaining 1.7 percent for the week, its biggest weekly gain since early September. The S&P 500, Nasdaq and the Dow Jones Industrial Average all notched record closing highs.
Selena Gomez confesses to 'soiling' herself at Ed Sheeran concert
She doesn't like someone who is arrogant or "show off-y" and instead prefers someone who is genuine. After Gomez admitted her leaky story was true, she speculated that Ed would approve.
The U.S. central bank has provided markets with much needed liquidity following three consecutive rate cuts through October.
The Dow climbed 125 points Friday, with US stock indexes setting record highs again intraday, during a "quadruple-witching session" that will see the expiration of December stock options, along with stock index futures and options. The Nasdaq composite climbed 0.7% to 8,887.22, also a record.
"You're seeing the geopolitical risk that was in the market seep out now", said Brent Schutte, a chief investment strategist for Northwestern Mutual Wealth Management.
Investors like Trump's approach of low taxes and less regulation for businesses, but they see his removal from office as unlikely because the Republican-controlled Senate would decide his fate following a House impeachment vote.
Among individual companies, Micron Technology gained 2.8 percent after the chip company's earnings topped analyst expectations and it described the just-ended quarter as a "bottom" for its financial performance. The two-year yield climbed to 1.62 percent from 1.60 percent.
North Korea Has a Christmas Gift for President Trump: An ICBM Test
"We have a goal to fulfil the commitments the two leaders made during their historic summit meeting in Singapore". One of those tests took place on December 14, 2019, the state-owned Korean Central News Agency announced.
Cigna climbed 2.4% after the company agreed to sell its group life and disability coverage business for $6.3 billion.
COMMODITIES: Benchmark U.S. crude oil slipped 84 cents to $60.34 per barrel. The euro was unchanged, at $1.1121. Natural gas fell 3 cents to $2.29 per 1,000 cubic feet.
Boeing Co's biggest supplier, Spirit AeroSystems Inc dropped 1.4% after saying it would temporarily halt production of 737 MAX parts beginning January 1.
The dollar slipped to 109.31 Japanese yen from 109.35 yen on Thursday.
European stock markets closed broadly higher.
Chiefs’ defensive end Frank Clark is active Sunday against New England Patriots
A Chiefs spokesperson tells PFT the gear will arrive in Foxboro "shortly", and that the situation arose from an "honest mistake". It's now expected to arrive sometime between 3:00 and 3:30 p.m. with kickoff between the Chiefs and Patriots being at 4:25 p.m.