Dow retakes 25,000 level for first time in a month as stocks extend Friday gains

The Dow Jones Industrial Average late-morning Friday retouched a psychologically round-number level above 25,000 for the first time in about a month, as investors focused on corporate results and pushed some concerns about global trade disputes to the back burner. The Dow most recently, was up 85 points, or 0.4%, at 25,009, a modest gain but enough to propel it above the psychological threshold which may underpin enthusiasm for assets perceived as risky, even as the market wrestles with worries over geopolitical clashes, notably over import duties, between the U.S. and its major developed partners in Asia, North America and Europe. The gains come after a round of second-quarter results from JPMorgan Chase & Co. Wells Fargo & Co. and Citigroup Inc. which came in mixed early Friday before the open. Meanwhile, the S&P 500 index rose 0.2% at 2,803, and the Nasdaq Composite Index edged up by 0.1% at 7,834, touching a fresh intraday peak for the technology-laden gauge at 7,838.13.