04:11 PM EDT, 09/19/2025 (MT Newswires) -- US equity indexes were higher Friday after US President Donald Trump said progress was made on important issues, including trade, following his call with China's Xi Jinping.

"The call was a very good one, we will be speaking again by phone, appreciate the TikTok approval, and both look forward to meeting at APEC!" Trump said in a Truth Social post. Xi urged Trump to refrain from imposing restrictive trade measures during the call, China's Xinhua News Agency reported.

The Nasdaq Composite gained 0.72% to 22,631.4, with the S&P 500 up 0.49% to 6,664.4, and the Dow Jones Industrial Average 0.37% higher at 46,315.2. The technology sector led the gainers, while energy paced the decliners.

The CBOE Volatility Index fell 1.34% to 15.49.

Most Treasury yields rose, with the 10-year yield up 2.3 basis points to 4.12% and the two-year rate 0.4 basis points higher at 3.57%.

Gold futures rose 1.1% to $3,718.5.

West Texas Intermediate crude oil futures declined by 1.42% to $62.67 a barrel.

In economic news, the Baker Hughes rig count report, an early indicator of future output, revealed that US oil and gas rigs increased by three to 542 for the week ended Sept. 19, up from 539 in the week prior. Oil rigs increased by two to 418.

In company news, Apple's ( AAPL ) iPhone 17 sales opened to robust demand for its Pro models, according to multiple news outlets. People across Japan, Hong Kong, Singapore, China, Australia, and New Zealand queued up to collect pre-booked models, while only the iPhone Air was available on shelves, Bloomberg reported. Apple ( AAPL ) shares rose 3%.

Newmont ( NEM ) shares rose 4.3% after it closed the sale of 43 million common shares of Orla Mining ( ORLA ) at $10.14 apiece via the Toronto Stock Exchange for gross proceeds of $439 million. Newmont ( NEM ) no longer holds any shares in Orla following the transaction. Orla shares fell 5.3%.