Stocks Ended Higher on Optimism Over Trade Talks

U.S. stocks ended higher on Monday as optimism over talks between the United States and China provided a boost to trade-sensitive stocks in the industrial, energy and materials sectors. The Dow Jones Industrial Average rose 89.37 points, or 0.35%, to 25,758.69. The S&P 500 gained 6.92 points, or 0.24%, to 2,857.05. The Nasdaq Composite added 4.68 points, or 0.06%, to 7,821.01.

Oil futures on Monday marked a third consecutive session gain, as U.S. sanctions on Iran contributed to concerns over tighter global oil supplies. West Texas Intermediate crude for September delivery rose 52 cents, or 0.8%, to settle at $66.43 a barrel. October Brent crude climbed 38 cents, or 0.5%, to $72.21 a barrel.

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