Market Snapshot: S&P 500 ends at 4-month high as stocks rise after strong economic data [MarketWatch]
Rite Aid Corporation (RAD)
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Source: MarketWatch
S&P 500 ends at 4-month high as stocks rise after strong economic data U.S. stocks closed higher Wednesday, with the S&P 500 posting its highest close in more than four months, as investors parsed economic data that included stronger-than-expected durable goods orders and further signs that inflation remains subdued. Shares of Boeing ended a seven-day losing streak despite continued concerns about the safety of its cutting edge 737 Max 8 continued unabated following the second deadly crash involving the model in Ethiopia over the weekend. The Dow Jones Industrial Average DJIA, +0.58% climbed 148.23 points, or 0.6%, to 25,702.89. The S&P 500 index SPX, +0.69% added 19.40 points, or 0.7%, to end at 2,810.92, its highest close since Nov. 7. The Nasdaq Composite Index COMP, +0.69% advanced 52.37 points, or 0.7%, at 7,643.41. Boeing Co. BA, +0.46% shares rose 0.5%. President Donald Trump told reporters that U.S. regulators will ground 737 Max 8 and 9 aircraft in line with sim
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