U.S. Stocks Finish Higher As Investors Await Brexit Results

By Joseph AdinolfiMarketsMarketWatch Pulse

U.S. stocks finished higher Thursday as investors bet that U.K. voters would elect to remain in the European Union in a long-anticipated referendum. The S&P 500 gained 27.81 points, or 1.3%, to 2,113.28, led higher by financials and materials shares. The Dow industrials gained 230.17 points, or 1.3%, to 18,011.07, with shares of Goldman Sachs Group Inc. and Caterpillar Inc. posting the largest gains. The Nasdaq Composite gained 76.72 points, or 1.6%, to 4,910.04. Results from the referendum were expected to trickle in through early Friday morning.

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