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U.S. stock market climbs after solid data, ECB announcement


U.S. stock-market indexes climbed modestly on Thursday, as the European Central Bank announced that it plans to end its bond-buying program at the end of the year but pledged to keep rates at present levels until at least next summer. A flurry of stronger-than-expected economic data also lent support to stocks. What are markets doing? The S&P 500 SPX, +0.11%  advanced 9 points, or 0.3%, to 2,784, with a 0.5% decline in shares of financails limiting gains from technology and consumer discretionary, both up 0.7%. The Nasdaq Composite Index COMP, +0.52%  gained 40 points, or 0.2%, to 7,752, setting an intraday record. The tech-heavy index is on track to close in record territory. The Dow Jones Industrial