US stocks rose for third days due to optimism in the US China trade.

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      U.S. stocks rose for the third day on Thursday as President Trump said trade negotiations with China were "going smoothly" and renewed hopes that the two countries could resolve their trade disputes.
The latest round of corporate earnings reports are mostly good, which further boosted market sentiment.
U.S. President Trump and Chinese President Xi Jinping expressed optimism on Thursday about resolving the fierce trade dispute between the two countries. The leaders of the two countries plan to hold an important meeting in Argentina at the end of November.
The trade-sensitive S&P Industrial Stock Index rose 1.7%, with Boeing (BA.N) and Caterpillar (CAT.N) among the leading companies.
"There may be some hope that a trade agreement will be reached with China," said Robert Pavlik, chief investment strategist and senior portfolio manager at SlateStone Wealth LLC.
In addition, investors feel a little relieved after this week's rise, he said.


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