What Happened in the Stock Market Today

Major benchmarks rallied on Thursday after the U.S. and China agreed to simultaneously phase out existing tariffs on imported goods, stoking hope that the two countries are making progress toward a more comprehensive deal to resolve their long-standing trade war. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) both closed at record highs.

Data source: Yahoo! Finance.

As for individual stocks, earnings news left shares of Roku (NASDAQ: ROKU) and Ralph Lauren (NYSE: RL) moving in different directions.

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Source Fool.com