The Age ·general ·3 hours ago

US stocks rally as S&P 500 approaches all-time high

US stocks continued their rally on Wednesday, with the S&P 500 up 0.4 percent, inching closer to its all-time high set in January. Analysts noted that Bank of America reported a profit of $8.6 billion for the first quarter, indicating a resilient American economy. The Australian sharemarket is expected to open flat amid ongoing global economic concerns.

Summary by Glance · The Age

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