U.S. equity markets opened near record highs Thursday after President Biden held his first call with Chinese President Xi Jinping.

"President Biden affirmed his priorities of protecting the American people’s security, prosperity, health, and way of life, and preserving a free and open Indo-Pacific," the White House said.

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The Dow Jones Industrial Average gained 32 points, or 0.1%, while the S&P 500 and the Nasdaq Composite were higher by 0.28% and 0.56%, respectively. The Dow finished at a record high on Wednesday while the S&P and the Nasdaq ended just below their own peaks. Read more at FOX Business