The Nasdaq and the S&P 500 indexes inched higher in volatile trading on Friday as megacap stocks gained ground, while investors assessed the talks between U.S. President Joe Biden and his Chinese counterpart Xi Jinping over the Ukraine crisis.
Nvidia, Tesla, Apple and Microsoft rose between 0.6% and 2.9%, boosting the tech-heavy Nasdaq.
Biden and Xi spoke on a video call, which lasted just under two hours, about Russia's invasion of Ukraine and Chinese media said Xi underlined that such conflicts are in no-one's interests. Biden was expected to tell the Chinese leader that Beijing would pay a steep price if it
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