Home United States USA — Financial Dow retreats from 30,000-point record, Nasdaq at new high

Dow retreats from 30,000-point record, Nasdaq at new high

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One day after crossing the 30,000-point mark for the first time ever, the Dow retreated at the close of trading Wednesday, though the Nasdaq …
One day after crossing the 30,000-point mark for the first time ever, the Dow retreated at the close of trading Wednesday, though the Nasdaq finished at a new high. While the wider US economy suffers unevenly from the Covid-19 pandemic, Wall Street has charged ahead in recent months, buoyed by the promise of a vaccine and the Federal Reserve’s move to roll out huge liquidity lines. At the close, the tech-rich Nasdaq Composite Index was up 0.

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