Wall Street hits records on reports of U.S.-China trade deal

NEW YORK (Reuters) – Wall Street’s main indexes hit record highs on Thursday following news that the United States had reached a “deal in principle” with China to resolve a trade war that has rattled markets for nearly two years.

The Dow Jones Industrial Average () rose 220.62 points, or 0.79%, to 28,131.92, the S&P 500 () gained 26.93 points, or 0.86%, to 3,168.56 and the Nasdaq Composite () added 63.27 points, or 0.73%, to 8,717.32.

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