US stocks push higher on hopes for a deal

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The US stocks are pushing higher to start the final day of the week. Hopes for progress toward peace dominate early action but the news is fluid.

Sec of State Rubio now says:

  • On an Iran deal we are not there yet
  • Says that there has been some progress, but would not exaggerate it.

Looking at the US major indices:

  • Dow is up 340 points
  • S&P is up 46 points
  • Nasdaq is up 152 points

For the trading week:

  • Dow Industrial Average +2.32%
  • S&P +1.18%
  • Nasdaq +0.87

The Univ of Michigan final for May will be released at the top of the hour with the expectation at 48.2 vs 48.2 in the prelim and 49.8 last month.

This article was written by Greg Michalowski at investinglive.com.

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