From MarketWatch
U.S. stocks closed higher Thursday, with all three indexes rallying, as investors wagered that the U.K. will choose to remain in the European Union in a historic referendum with far-reaching implications.
A pair of polls released earlier showed support for “remain” slightly ahead while bookmakers also indicated a 76% probability of a vote to remain in the EU.
“It’s too close to call but voters almost always favor the devil we know to the devil we don’t know, so I expect us to wake up to find that the U.K. is still in the EU,” said Bruce McCain, chief investment strategist at Key Private Bank.
The S&P 500 index SPX, +1.34% gained 27.87 points, or 1.3%, to close at 2,113.32, regaining the psychologically important 2,100 level. Financial stocks led the gains, advancing 2.1%.
Polls close at 10:00 p.m. in Great Britain, 5:00 p.m. Eastern time.
