Stocks Trimmed Strong Gains to End Modestly Higher

U.S. stocks trimmed earlier strong gains and ended modestly higher on Thursday following big gains in global equity markets. The Dow Jones Industrial Average gained 33.20 points, or 0.19%, to 17,548.62. The S&P 500 added 4.63 points, or 0.23%, to 2,051.31. The Nasdaq Composite fell 12.64 points, or 0.26%, to 4,922.40.

The New York Stock Exchange said its nearly four-hour trading halt on Wednesday resulted from a technical problem that stemmed from new software rolled out the previous evening.

T-Mobile (TMUS) CEO John Legere fired yet another shot in his war against his larger mobile rivals on Thursday, offering customers calls, texts and data without roaming fees across Mexico and Canada.

Ford Motor Co (F.N) will move production of its Focus small cars and C-Max hybrids from its Michigan Assembly Plant near Detroit in 2018, it said on Thursday, highlighting difficulties U.S. automakers are having building fuel-efficient vehicles profitably at home.

Stefano Pessina is to become permanent chief executive of Walgreens Boots Alliance, the retail pharmacy giant announced on Thursday.

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