U.S. Stocks Climb to Record as Consumer Shares Lead Advance
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U.S. stocks rose advanced for a sixth straight day ahead of a key meeting of oil producing countries.
The S&P 500 added 0.3 percent to 2,411 at 9:50 a.m. in New York. The benchmark advanced on Wednesday as minutes from the Federal Reserve’s last meeting showed officials unruffled by recent signs of economic weakness, boosting speculation of a June rate increase. The Dow Jones Industrial Average rose 65 points, or 0.3 percent, to 21,077 on Thursday.