The S&P 500 closed at another record high on Wednesday as signs of steady private-sector hiring suggested that the economy was slowly building momentum after a winter-related pullback.
The Dow Jones industrial average rose 40.39 points or 0.24 percent, to end at 16,573. The S&P 500 gained 5.38 points or 0.29 percent, to finish at 1,890.90, a record closing high. The S&P 500 also hit an intraday record high of 1,893.17.
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