US stocks climb, sending S&P 500 within range of a new high

Credit: WorldNews- Published on June 20, 2019
Gains in technology and energy companies helped drive stocks broadly higher on Wall Street Thursday afternoon, nudging the S&P 500 closer to a new high. The benchmark index was hovering around the record close it reached April 30. A strong rebound for stocks this month has erased most of the S&P 500's losses from May, when...
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Credit: Wochit Business
Published on June 21, 2019 -  00:35
Wall St. Slips After Rally As U.S.-Iran Tensions Escalate
According to Reuters, U.S. stocks dipped on Friday as escalating tensions between the United States and Iran halted this week’s run that lifted the S&P 500 to a record high. The Federal Reserve has indicated an interest rate cut may come as early as July, sparking a rally in stocks that helped the S&P 500 index close at a new record of 2,954.18 on Thursday. Trade-sensitive industrials rose 0.1%, while the technology sector traded 0.1% higher.

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