Dow closes at record high as House passes COVID-19 relief bill
By Sylvan Lane - 03/10/21 04:24 PM EST The Dow Jones Industrial Average rallied to a new record Wednesday after the House approved President Biden’s $1.9 trillion COVID-19 relief bill and new data showed inflation staying mild.
The Dow closed with a gain of roughly 464 points, rising 1.5 percent to close at a record high of 32,297.02. The S&P 500 index rose 0.6 percent and the Nasdaq composite stayed roughly even with Tuesday’s close.
Stocks of companies hindered by the pandemic rose throughout Wednesday while technology shares largely took losses amid rising hopes for a strong rebound from the coronavirus recession.
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https://thehill.com/policy/finance/542619-dow-closes-at-record-high-as-house-passes-covid-19-relief-bill-inflation-stays
