Stocks string together three-day winning streak on trade hopes
U.S. stocks ended higher on Tuesday to record a third straight session of gains, buoyed by optimism over the state of U.S.-China trade talks. The S&P 500 climbed 1% to finish near 2,574. The Dow Jones Industrial Average advanced around 256 points, or 1.1%, to 23,788, based on preliminary numbers. The Nasdaq Composite rose 1.1% to end around 6,897. Trade talks between Beijing and Washington were extended to Wednesday amid reports that recent negotiations were making gradual progress, even if a final deal remains far away. In company news, shares of Boeing Co. rose 3.8% after the aerospace firm reported fourth-quarter airplane deliveries were above expectations. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.