U.S. stocks ended higher on Friday.
The Dow Jones Industrial Average rose 299.97 points, or 0.65 percent, to 46,247.29. The Standard and Poor's 500 added 38.98 points, or 0.59 percent, to 6,643.7. The Nasdaq Composite Index increased by 99.37 points, or 0.44 percent, to 22,484.07.
Ten of the 11 primary Standard and Poor's 500 sectors ended in green, with utilities and consumer discretionary leading the gainers by going up 1.59 percent and 1.45 percent, respectively. Meanwhile, consumer staples bucked the trend by losing 0.11 percent.
U.S. stocks close higher
China's Ministry of Commerce on Friday urged the Netherlands to demonstrate willingness to cooperate with China and present a substantive, constructive solution to the Nexperia issue.
A spokesperson for the ministry made the remarks when asked to comment on a recent statement concerning the issue of the semiconductor manufacturer Nexperia, an overseas subsidiary of the Chinese company Wingtech, by Vincent Karremans, Dutch minister of economic affairs.
China is extremely disappointed and strongly dissatisfied with such a statement, which distorts the facts, confounds black and white, and persists in willful actions, the spokesperson said.
According to the spokesperson, China has agreed to the Netherlands dispatching personnel to China for consultations.
China stands ready to work with the Dutch side to resolve the current issue as soon as possible, in the interest of maintaining the security and stability of global semiconductor industrial and supply chains, the spokesperson said.
The spokesperson further noted that China hopes the Dutch side will bring forward constructive solutions, and aim to solve problems, instead of creating new problems and conflicts.
China urges Netherlands to show willingness for cooperation
