NEW YORK: US stocks rose on Wednesday, with the S&P 500 climbing to an all-time closing high after strong earnings from Bank of America and data signaled that the economy was improving.
Bank of America Corp climbed 2.3% to US$17.15 and gave one of the biggest boosts to the S&P 500 after the second-largest US bank said its quarterly profit surged by nearly US$3bil on an increase in revenue.
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