Stocks end higher as markets wait on Washington for more aid
NEW YORK (AP) — Stock indexes ended higher after another day of back-and-forth trading as Wall Street waits to see if Washington can get past its partisanship to deliver more support for the economy. The S&P 500 index rose 0.5% Thursday, after briefly turning negative, as investors handicapped the chances of a deal to send more cash to Americans, restore jobless benefits for laid-off workers and deliver assistance to airlines and other industries hit particularly hard by the pandemic. Data released in the morning painted a mixed picture on the economy, which contributed to the market’s sloshing around.
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