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Dow ends four-day losing streak as stocks finish higher in choppy session

Aaron Hankin

U.S. stocks snapped a multi-day skid, finishing higher on Thursday buoyed by renewed hopes the U.S. and China can strike a compromise on trade. It was topsy-turvy session for equities that opened in the red as Brexit fears lingered, but news of easing trade tensions pushed stocks into the green. The tech-dominant Nasdaq Composite snapped a five-day losing streak, closing up 1.7%, the S&P 500 ended its own five-day skid, finishing Thursday up 1.1% and the blue-chip Dow Jones Industrial Average ended a run of four consecutive losing sessions, closing up 200 points, or 0.8%. In economic news, retail sales for October rose 0.8%, topping economists polled by MarketWatch and in company news, Walmart shares fell 2.2% after the retailer reported third-quarter earnings which beat on profit but missed on revenue.