The S&P 500 has also reached new heights, with Dow Jones doing the same the night before.
Wall Street continues to rally in Thursday’s trading, two new highs among major stock indices.
The S&P 500 has reached a new record intraday after Dow Jones closed at “all time high” on Wednesday. The last record for the S&P 500 was on February 16, the figures from Infrast show.
The technology-heavy Nasdaq composite continues to recover and leads the way upward, but remains low above February. Apple is up 1.6 percent and Tesla is up 3.9 percent.
This is how the major stock indices run:
- The Dow Jones rose 0.98 percent to close at 32,614.37 points.
- The S&P 500 rose 1.4 percent to 3,954.57 points
- Nasdaq Composite up 2.7 percent at 13,418.92 points
US President Joe Biden signed a $ 1,900 billion crisis package Thursday night, the equivalent of approximately 16,000 billion kronor, which Congress knocked out on Wednesday.
European and Asian stock markets rose on the first day.
The US presented inflation data on Wednesday. In February alone, consumer prices rose by 0.4 percent, while prices rose by 1.7 percent on an annual basis. It expected a big jump in inflation for the world’s largest economy, writes the Financial Times.
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