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MGM Resorts International Reports Second Quarter 2021 Financial And Operating Results
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(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) (Updates to market close)
NEW YORK, July 1 (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.
Investors now eye Friday’s much-anticipated employment report.
The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.
“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.