By NEW YORK (Reuters) -U.S. stocks rallied on Monday, with each of Wall Street’s main indexes closing at record levels as President Donald Trump’s signing of a long-awaited $2.3 trillion pandemic aid bill increased optimism for an economic recovery.In a sudden reversal late on Sunday, Trump backed down from his threat to block the hard-fought bill, restoring unemployment benefits to millions of Americans and averting a federal government shutdown.“It’s a positive tone to the U.S. market and part of that is the signing of stimulus package by Trump, which appeared to be in doubt but is...…By NEW YORK (Reuters) -U.S. stocks rallied on Monday, with each of Wall Street’s main indexes closing at record levels as President Donald Trump’s signing of a long-awaited $2.3 trillion pandemic aid bill increased optimism for an economic recovery.In a sudden reversal late on Sunday, Trump backed down from his threat to block the hard-fought bill, restoring unemployment benefits to millions of Americans and averting a federal government shutdown.“It’s a positive tone to the U.S. market and part of that is the signing of stimulus package by Trump, which appeared to be in doubt but is...WW…

By NEW YORK (Reuters) - Wall Street closed higher at the end of a whipsaw session on Thursday as investors juggled hopeful and pessimistic news on the progress of stimulus talks Washington amid signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.All three major U.S. stock indexes closed higher, with the Nasdaq in the lead and the Dow seeing the smallest gain.A spate of data, including jobless claims and consumer spending, suggested that the plodding economic recovery could be losing steam.Investors now look to the Labor Department’s...…By NEW YORK (Reuters) - Wall Street closed higher at the end of a whipsaw session on Thursday as investors juggled hopeful and pessimistic news on the progress of stimulus talks Washington amid signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.All three major U.S. stock indexes closed higher, with the Nasdaq in the lead and the Dow seeing the smallest gain.A spate of data, including jobless claims and consumer spending, suggested that the plodding economic recovery could be losing steam.Investors now look to the Labor Department’s...WW…