U.S. stocks close higher amid optimism on debt ceiling progress

NEW YORK, June 1 (Xinhua) -- U.S. stocks ended higher on Thursday as investors applauded the debt ceiling progress in the U.S. Congress.

The Dow Jones Industrial Average rose 153.30 points, or 0.47 percent, to 33,061.57. The S&P 500 added 41.19 points, or 0.99 percent, to 4,221.02. The Nasdaq Composite Index increased by 165.70 points, or 1.28 percent, to 13,100.98.