S&P 500 Gains and Losses Today: International Paper Stock Pops on Upbeat Growth Outlook
1. International Paper shares surged 6.5% after positive growth outlook. 2. The company plans to close seven plants for production efficiency. 3. IP's acquisition of DS Smith is expected to boost growth. 4. The S&P 500 gained despite low consumer confidence data. 5. UPS shares fell 5.1% following a lowered earnings forecast.