U.S. stocks rise to session highs after report of likely Bannon ouster


U.S. stocks rose to session highs Friday following a report that President Donald Trump has told senior aides he has decided to fire strategist Stephen Bannon. The Dow Jones Industrial Average

DJIA, -0.35%

rose 27 points, or 0.1%, to 21,778. The S&P 500 index

SPX, -0.18%

gained 8 points, or 0.3%, for 2,438. The Nasdaq Composite Index

COMP, -0.09%

rose 30 points, or 0.5%, to 6,252. The New York Times reported that Trump has discussed how and when to dismiss Bannon, while a person close to Bannon told the Times that he had submitted his resignation on Aug. 7.

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Stocks end lower; Dow, S&P 500 book 2nd weekly loss in a row and Nasdaq logs 4th