Market Wrap for Wednesday, February 27: Stocks Near All-Time Highs

The U.S. stock market surged on Wednesday, approaching levels not seen since before the financial crisis. The S&P added 20 points to trade near 1517, while the Dow added about 170 points to trade near 14,070. Economic releases Core durable goods orders increased 1.9% on a month-over-month basis, greater than the increase