NEW YORK - Wall Street stocks finished higher on Thursday despite another round of bleak economic data as President Donald Trump vowed to press ahead with reopening the economy.The broad-based S&P 500 gained 0.6 per cent to 2,799.55, while the tech-rich Nasdaq Composite Index jumped 1.7 per cent to 8,532.36.
The reports, while the latest to paint a dark picture of the US economy's prospects, were not unexpected, analysts said. But business leaders have said more widespread testing for coronavirus is essential before the economy can move significantly towards normalcy.
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