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Wall Street stocks ended firmer on Thursday, with the S&P 500 hitting a record closing high, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary. ....
(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) Prominent meme stocks snap rally Boeing gains on possible UAL order Pfizer rises on news of US govt deal Industrials lag on infrastructure bill uncertainty Indexes up: Dow 0.37%, S&P 0.59%, Nasdaq 0.78% (Updates to late afternoon; changes dateline, byline) June 10 (Reuters) - Wall Street stocks rose on Thursday, with the S&P 500 on course to hit an all-time closing high, as the much-anticipated consumer price index report signaled that the current inflation wave will be transitory. All three major U.S. stock indexes were higher, with market-leading megacap stocks putting the Nasdaq out front. But economically sensitive transports and smallcaps were in negative territory. ....
Italy's Leonardo is seeking a partner who could acquire its Genoa-based automation division in the future, while ensuring long-term competitiveness of the business, the defence group said on Thursday. ....