‘Safety’ Stocks Fuel Market Rally

By Anonymous

Biggest gainers in the S&P 500 this month include companies focusing on telecommunications services and consumer staples

U.S. investors are betting on the strength of the domestic economy offsetting ruptures in global trade and emerging markets, as stocks moved to within a whisker of all-time highs Wednesday.

The rally lifted the S&P 500 and Dow Jones Industrial Average to within 0.2% and 0.8%, respectively, of their records.

The gains reflect a market...