S&P 500 Rises to 7-Week High as Bank, Tech Shares Boost RallyBy , , and
Equity benchmark wipes out February losses that approached 7%
Capital goods orders increase by the most since June 2014
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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