S&P 500 nears record high as U.S. stimulus bets climb

The S&P 500 closed in on its February peak on Tuesday, returning to levels last seen before the reaction to COVID-19 that caused one of Wall Street’s most dramatic crashes in history, on hopes for more U.S. stimulus.
U.S. Treasury Secretary Steven Mnuchin said Monday that he believes Democrats are “willing to compromise” on a fourth COVID-19 stimulus package, saying that if there is a “fair deal,” the Trump administration will “do it this week.”
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