NEW YORK: Wall Street rose for a fourth straight session on Tuesday as Congress agreed to advance legislation extending US borrowing authority and the Federal Reserve's new chief held off from making any changes to its schedule for trimming stimulus.
The gains were broad, with all 10 S&P 500 sectors up for the day and about 75% of New York Stock Exchange-traded stocks ending higher. About 67% of Nasdaq-listed shares closed in positive territory, while the S&P 500 ended just 1.6% away from its record closing high.
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