Stocks rise broadly; S&P 500 ends 3-day losing streak

Stocks closed higher Thursday, gaining back some of the ground they've lost over the previous three trading days. (File)
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(AP) Stocks closed broadly higher Thursday amid renewed hopes on Wall Street that a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump.

Technology and industrial companies were among the biggest winners Wednesday as traders became become more hopeful that a trade deal between the U.S. and China was making progress.

Texas Instruments and Union Pacific each rose 2.1%.

Google parent Alphabet rose 1.9% after co-founders Sergey Brin and Larry Page relinquished their management roles.

The S&P 500 rose 19 points, or 0.6% to 3,112.

The Dow Jones Industrial Average added 146 points, or 0.5%, to 27,649.

The Nasdaq rose 46 points, or 0.5%, to 8,566.

Bond prices fell.

The yield on the 10-year Treasury rose to 1.77%.