S&P 500 Rises to 7-Week High as Bank, Tech Shares Boost Rally

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  • Equity benchmark wipes out February losses that approached 7%
  • Capital goods orders increase by the most since June 2014

What Will Stabilize Oil Prices?

Gains in bank and technology shares helped send the Standard & Poor’s 500 Index to a seven-week high, amid optimism on the economy after data indicated weakness in manufacturing may be easing while crude oil showed further signs of stabilizing.

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