S&P 500 and Nasdaq close at records

The S&P 500 climbed 0.40% to end the session at 6,388.64 points. The Nasdaq gained 0.24% to 21,108.32 points, while the Dow rose 0.47% to 44,901.92 points.

NEW YORK: The S&P 500 and Nasdaq notched record high closes on Friday, lifted by optimism the US could soon reach a trade deal with the European Union, while Deckers Outdoor surged following a strong quarter for the maker of UGG boots and Hoka sneakers.

European Commission President Ursula von der Leyen will meet US President Donald Trump on Sunday in Scotland after EU officials and diplomats said they expected to reach a framework trade deal this weekend. Trump said earlier that the odds of a US-EU trade deal were "50-50".