The Dow Jones Industrial Average gained 188 points Thursday as all three major indexes hit records behind a continued tech rally and optimism surrounding President Joe Biden’s signing of the COVID-19 relief bill.
March 11 (UPI) — All three major U.S. indexes hit record highs Thursday as a rally in tech stocks continued and President Joe Biden signed the $1.9 trillion COVID-19 relief bill. The Nasdaq led the way, gaining 2.52%, while the S&P 500 climbed 1.04% and the Dow Jones Industrial Average closed the day up 188.57 points, or 0.58%, extending gains from Wednesday. Tech stocks saw a boost after declining earlier in the week due to concerns over inflation and high bond yields.
