Stocks Ended Higher, Dow and S&P 500 Hit New Highs

U.S stocks ended higher on Thursday, with the Dow Jones Industrial Average and the S&P 500 hit record highs, as investors shook off trade concerns. The Dow Jones Industrial Average rose 251.22 points, or 0.95%, to 26,656.98. The S&P 500 gained 22.80 points, or 0.78%, to 2,930.75. The Nasdaq Composite added 78.19 points, or 0.98%, to 8,028.23.

Oil futures ended with a loss on Thursday after President Donald Trump in a tweet called for the Organization of the Petroleum Exporting Countries to maintain lower crude-oil prices. October West Texas Intermediate crude lost 32 cents, or nearly 0.5%, to settle at $70.80 a barrel. Global benchmark November Brent fell 70 cents, or 0.9%, to finish at $78.70 a barrel.