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S&P 500 nears record high on stimulus hopes, strong earnings

08/02/2021 | 09:32am EDT

Aug 2 (Reuters) - The S&P 500 index neared a record high on Monday as a $1 trillion infrastructure bill and strong second-quarter corporate earnings lifted sentiment ahead of a deluge of macroeconomic data this week.

The Dow Jones Industrial Average rose 33.1 points, or 0.09%, at the open to 34968.56. The S&P 500 rose 11.6 points, or 0.26%, at the open to 4406.86, while the Nasdaq Composite rose 85.9 points, or 0.59%, to 14758.604 at the opening bell. (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)


ę Reuters 2021
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