US STOCKS-S&P 500 nears record high on stimulus bets

The S&P 500 on Tuesday rose for an eighth straight session and was within striking distance of its February peak, a level last seen before the onset of the coronavirus crisis that caused one of Wall Street’s most dramatic crashes in history. The benchmark index was about half a percent below the all-time high it hit on Feb. 19, when investors started dumping shares in anticipation of what proved to be the biggest slump in the U.S. economy since the Great Depression.


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