(Reuters) - U. S. stocks were higher on Thursday morning, led by financial and consumer discretionary companies,

(Reuters) - U. S. stocks were higher on Thursday morning, led by financial and consumer discretionary companies,
but gains were kept in check by cautious trading ahead of the Trump-Xi meeting and on uncertainty about quick U. S. fiscal stimulus.
President Donald Trump and his Chinese counterpart, Xi Jinping, start their two-day meeting on Thursday
and top of the agenda is the possibility of Trump using U. S.-China trade ties to pressure Beijing to do more to rein in North Korea’s arms program.
ET (1505 GMT), the Dow Jones Industrial Average was up 36.66 points, or 0.18 percent, at 20,684.81, the S&P 500 was up 4.7 points, or 0.19 percent, at 2,357.65
and the Nasdaq Composite was up 9.42 points, or 0.16 percent, at 5,873.90.
Neil Massa said that The market can still go higher, but they need to make sure that everything the market has gone up on so far is coming to pass,
The S&P 500 index showed three 52-week highs and four lows, while the Nasdaq recorded 14 new highs and 50 new lows.
U. S. House of Representatives speaker Paul Ryan said Wednesday that the tax reform bill could take longer than the stalled healthcare bill.