United States markets closed higher on Thursday after President Donald Trump revealed that trade talks with China resumed this morning, and also expressed confidence in expanding trade ties with Norway. Meanwhile, Treasury Secretary Scott Bessent said discussions with South Korea are progressing rapidly.
Earnings also drove sentiment, with reports from Procter & Gamble, American Airlines, Comcast, Merck, and PepsiCo earlier in the day, and Alphabet, Intel, and T-Mobile expected after the bell.
The Dow Jones Industrial Average added 1.23%, as Salesforce increased by 5.68%. The S&P 500 rose 2.03%, pulled up by ServiceNow jumping 15.49%. The Nasdaq 100 climbed 2.79% at the close, as Microchip Technology skyrocketed 12.38%. The euro traded 0.64% against the dollar to change hands for 1.13860 at 3:56 pm ET.