Stocks Continue to Rally, With Investors More Confident in a Soft Landing

Growing evidence of a gradually cooling economy helped push stocks higher once again Wednesday. 

The S&P 500 rose 0.2%. The tech-heavy Nasdaq Composite gained 0.1%. The Dow Jones Industrial Average rose 0.5%, or around 164 points. Seven of the 11 sectors within the S&P 500 closed higher.

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