U.S. stocks closed sharply higher on Friday as investor optimism over a possible solution to the United States – China trade conflict increased.

U.S. stocks closed sharply higher on Friday as investor optimism over a possible solution to the United States – China trade conflict increased. Technology stocks flourished the most owing to positive developments on the trade war front. All three major stock indexes ended in the green for Friday and for the week as a whole. The Dow Jones Industrial Average (DJI) closed at 26,031.81, gaining 0.7% or 181.18 points. The S&P 500 Index (INX) increased 0.6% to close at 2,792.67. Meanwhile, the Nasdaq Composite Index (IXIC) closed at 7,527.54, rising 0.9%. A total of 6.9 billion shares were traded on Friday, lower than the last 20-session average of 7.3 billion shares. Advancers outnumbered decliners on the NYSE by 2.99-to-1 ratio. On the Nasdaq, advancers had an edge over decliners by 2.45- to-1 ratio.  The CBOE VIX decreased 6.6% to close at 13.51.