S&P 500 Rises to All-Time High on Growth Optimism, Stimulus Bets

  • Friday’s jobs report allays concerns spurred by dip in hiring
  • Benchmark settles above its prior closing and intraday records

Why Do Stock Indexes Keep Grinding Higher?

U.S. stocks climbed, pushing the benchmark S&P 500 Index to an all-time high, extending a rally from Friday when a better-than-forecast jobs report brightened the economic outlook without fueling expectations that the Federal Reserve will raise interest rates sooner.

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