Dow logs triple-digit gain as trade talks remain in spotlight

U.S. stocks mostly finished higher Thursday amid expectations for the U.S. and China to make progress towards ending their longstanding trade spat. The S&P 500 SPX, +0.21% was up 0.2% to finish near 2,879. The Dow Jones Industrial Average DJIA, +0.64% advanced 166 points, or 0.6%, to end near 26,385, based on preliminary numbers. The Nasdaq Composite COMP, -0.05% was down less than 0.1% to end around 7,892. On Thursday, China’s lead trade envoy, Vice Premier Liu He, met with President Donald Trump, who tweeted that talks “are moving along nicely.” Investors are also gearing up for the March jobs report on Friday, which is expected to reveal the U.S. economy had added 175,000 jobs. In company news, shares of Tesla Inc. TSLA, -8.23% plunged 8.1% after the electric-car maker delivered fewer vehicles in the first quarter than analysts had expected.

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