Stocks rise on Wall Street; S&P 500 within 1% of record
August 9, 2020
U.S. stock indexes closed mostly higher Monday, nudging the S&P 500 within striking distance of its all-time high set in February.
The S&P 500 rose 0.3% after wavering between small gains and losses in the early going. The benchmark index is now within 1% of its last record high.
The gains came on the first trading day since President Donald Trump announced several stopgap moves to aid the economy in response to the collapse of talks on Capitol Hill for a bigger rescue package.
Trump signed executive orders over the weekend to extend an expired benefit for unemployed workers, among other...