Stocks soars to record highs | Sunday Observer

Stocks soars to record highs

10 January, 2021

New York (CNN Business) - Stocks rallied to new all-time highs on Thursday, as Wall Street continues to be unfazed by the prior day’s violent clashes on Capitol Hill. The S&P 500 (SPX), the broadest measure of the US equities market, finished up 1.5% while the Nasdaq Composite (COMP) closed 2.6% higher. The Dow (INDU) closed 0.7%, or 212 points, higher. All three indexes ended at new record highs. It was the first-ever Dow finish above 31,000 points and the Nasdaq closed above 13,000 points for the first time in history. For forward-looking investors, the Democratic sweep in the Senate, which gives the party control of the White House and Congress, was the most important news of the past few days.