US Wall Street stocks rose after three consecutive days of gains.
All three indexes rose, boosted by a new trade deal between the US and the United Kingdom (UK) to reduce tariffs on US goods.
The S&P 500 index rose 0.62%, the Dow Jones added 0.58%, while the tech-focused Nasdaq gained 1.07%.
British Prime Minister Keir Starmer agreed to lower tariffs to 1.8% and provide greater access to US goods as part of a deal with US President Donald Trump.
Meanwhile, the 10% tariff imposed on goods imported from the UK remains in place. Meanwhile, steel and aluminum imports to the US will be exempted from Trump's 25% levy.
The growth of the major indexes was supported by progress in renegotiation talks between the Republic of China and the US, which will be held in Switzerland this weekend.
Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer met with China's top economic officials to discuss US-China trade issues.
However, Trump signaled that the talks with China will be bigger than currently thought.
The development was also supported by Federal Reserve (Fed) Chairman Jerome Powell at the FOMC meeting early Thursday morning, announcing that interest rates were stable and giving early warnings about the risk of higher inflation and unemployment.
Investors remained anxiously awaiting talks between the two superpowers, Washington and Beijing, later this week.
In brief, US stock market trading volume recorded $16.85 billion compared to an average of $16.86 billion over the full 20 trading days.
