Markets Right Now: US stocks jump on trade progress

NEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks are closing sharply higher Friday as the U.S. and China reached a partial deal on trade and said they would continue negotiating.
President Donald Trump agreed to suspend an increase in tariffs on $250 billion in Chinese goods due to kick in Oct. 15. In exchange, China agreed to boost purchases of U.S. farm products.
Technology and industrial companies led the gains.
The Dow Jones Industrial Av