NEW YORK U.S. stocks extended gains on Thursday and the S&P 500 followed the Dow Industrials to hit a record intraday high, as results from bellwethers including IBM and Morgan Stanley boosted investor confidence.
The Dow Jones industrial average rose 76.15 points or 0.49 percent, to 15,546.67, the S&P 500 ained 7.57 points or 0.45 percent, to 1,688.48 and the Nasdaq Composite added 5.06 points or 0.14 percent, to 3,615.06.
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The U.S. and India are in talks that could settle a long-running solar power trade dispute, delaying the announcement of a ruling by the World Trade Organization, an Obama administration official said on Friday. Full Article