Wall Street Heads Higher Before Singapore Summit as Central Banks Eyed
Wall Street tracked higher on Monday as investors shook off some earlier trepidation after the G7 leaders meeting to move more firmly into the green ahead of the closely watched Singapore summit and a busy week of central bank events, including the Federal Reserve meeting.
The blue-chip Dow Jones Industrial Average rose for a fourth straight day to the highest level since late February. On the S&P 500, eight of the 11 sectors were rising while the Nasdaq Composite advanced as merger news supported price action across the benchmarks.
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