The benchmark S&P 500 posted a record closing high on Wednesday as U.S. stocks r...
Energy .SPNY was the best-performing S&P 500 sector, jumping 3.8% along with a rise in crude prices.
The fourth-quarter reporting season for large U.S. companies is more than halfway done, with S&P 500 firms posting a 1.6% rise in earnings for the period, according to IBES data from Refinitiv. Coty Inc shares rose 14.5% after the cosmetics and fragrance maker reported quarterly profit above expectations.
Advancing issues outnumbered declining ones on the NYSE by a 3.14-to-1 ratio; on Nasdaq, a 2.41-to-1 ratio favored advancers.
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