Stocks extended their winning streak on Wall Street Thursday. The gains came inthemiddleof a deluge of news about the economy, interest rates and business revenues.
The S&P 500 returned to its greatest level in 6 weeks.
Much of the focus was on Europe, where the main bank raised interest rates for the veryfirst time in 11 years.
In the U.S., reports recommended the economy is slowing more than anticipated, while a better-than-expected earnings report from