* U.S. stocks end higher
* Intel a boost to S&P 500
* Sterling still lower (Updates with closing U.S. markets levels)
By Caroline Valetkevitch
NEW YORK, Oct 25 (Reuters) - Global stock indexes, the dollar and bond yields rose on Friday, with the S&P 500 nearing a record high as the United States said it was close to finalizing parts of a trade deal with China.
The U.S. Trade Representative's office also said that deputy-level talks would proceed "continuously." Washington and Beijing are working to agree on the text for a "Phase 1" trade agreement announced by U.S. President Donald Trump on Oct. 11. has said he hopes to sign the deal with China's President Xi Jinping next month at a summit in Chile.
During the session, the S&P 500 surpassed its closing record of 3,025.86 from July 26 but ended at 3,022.55. The S&P 500's total return index .SPXT posted an all-time high.
"The little bit of positive trade news has pushed the market up, but it wasn't all that negative even before this news came up," said Andrew Slimmon, senior portfolio manager at Morgan Stanley (NYSE:MS) Investment Management in New York. "There's not a lot of selling left out there."
Strong results from companies including Intel INTC.O also helped the S&P 500 even as Amazon.com Inc AMZN.O shares sagged following the company's forecast for revenue and profit for the holiday quarter below expectations. majority of U.S. companies have beaten Wall Street expectations so far this earnings season despite concern about the trade war.
The Dow Jones Industrial Average .DJI rose 152.53 points, or 0.57%, to 26,958.06, the S&P 500 .SPX gained 12.26 points, or 0.41%, to 3,022.55 and the Nasdaq Composite .IXIC added 57.32 points, or 0.7%, to 8,243.12.
The pan-European STOXX 600 index .STOXX rose 0.16% and MSCI's gauge of stocks across the globe .MIWD00000PUS gained 0.27%.
The world's largest beer maker, Anheuser-Busch InBev , ABI.BR tumbled on disappointing quarterly profit and a glum outlook.
The dollar index .DXY rose 0.2%.
Sterling was lower on the day. The European Union agreed to London's request for a Brexit deadline extension but set no new departure date. That gave Britain's divided parliament time to decide on Prime Minister Boris Johnson's call for a snap election. GBP= was last trading at $1.2829, down 0.16% on the day.
In the U.S. bond market, yields rose following the trade news. 10-year notes US10YT=RR last fell 10/32 in price to yield 1.7995%, from 1.766% late on Thursday.
Oil prices climbed, supported by optimism on the trade front and by falling U.S. crude stocks. crude CLcv1 rose 43 cents to settle at $56.66 a barrel, while Brent LCOcv1 gained 35 cents to settle at $62.02.
https://tmsnrt.rs/2PitwT5 Global currencies vs. dollar
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