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Wall Street hits record high on stimulus hopes

Wall Street hits record high on stimulus hopes

Wall Street's main indexes hit record highs on Monday, as investors made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery

Wall Street's main indexes hit record highs on Monday, as investors made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery.

The Dow Jones Industrial Average rose 188 points, or 0.60%, at the open to 31,336.49. The S&P 500 rose 18.82 points, or 0.48%, at the open to 3,905.65, while the Nasdaq Composite rose 87.8 points, or 0.63%, to 13,943.99 at the opening bell.

Also Read: Bitcoin crosses $44,000 mark on $1.5 billion investment boost from Tesla

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Feb 08, 2021, 9:31 PM IST
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