New York – U.S. stocks closed higher on Thursday, with the S&P 500 ending at a record on a flurry of positive economic data. Trading was light as investors waited for possible clues about interest rates from central bankers attending an annual meeting in Jackson Hole, Wyoming.
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The Dow Jones industrial average rose 60.43 points or 0.36 percent, to end unofficially at to 17,039.56. The S&P 500 gained 5.87 points or 0.30 percent, to finish unofficially at 1,992.38, surpassing a previous record set on July 24. The Nasdaq Composite added 5.62 points or 0.12 percent, to close unofficially at 4,532.10.