The Dow rallied 460 points to close at a record as bond yields fell and the new stimulus package spurred investors to snap up stocks that will benefit from a faster recovery from the pandemic.
Dow Jones finished +464 at 32,297
S&P 500 finished +23 at 3,898
NASDAQ finished -5 at 13,068
The 10 Year Treasury closed down 2 basis points yielding 1.52%
Oil prices closed up $0.77 ending at $64.78 a barrel.
Gold prices closed up $7.00 ending at $1,723 an ounce.
In the days’ stock news:
U.S. stocks closed up today as the market bounced back...
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U.S. stocks dropped sharply today as investors digested a key...