The S&P 500 rose 12.86 points, or 0.3%, to 4,536.95, topping a record set on Monday. Small-company stocks fared better than the rest of the market in a sign that investors are feeling encouraged about the prospects for the economy. Health care companies made broad gains and energy stocks gained ground on a 2% jump in oil prices. It’s a preview of what traders are waiting for on Friday, when they will get the August jobs report from the Labor Department. That jobs report will be closely watched by investors for its potential impact on the Federal Reserve’s path forward on its support for the economy.

Source: thestar September 02, 2021 16:33 UTC