US stocks end higher on sharply narrowed US trade deficit

 





NEW YORK: The S&P 500 punched to a new five-year high on Friday and the Nasdaq to its best since 2000, as stocks regained footing helped by a sharply narrowed US trade deficit.

The Dow Jones Industrial Average also reached a post-crisis high above 14,022 during trade, but slipped back to end up 48.92 points (0.35 percent) at 13,992.97.

The S&P 500 index rose 8.54 points (0.57 percent) to 1,517.93, while the tech-rich Nasdaq Composite Index jumped 28.74 points (0.91 percent) to 3,193.87.

- AFP/de




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US stocks end higher on sharply narrowed US trade deficit