NEW YORK – Wall Street stocks surged to fresh records Thursday, fueled by optimism about the 2021 outlook as coronavirus vaccines advance and Congress appears close to a deal on stimulus spending.
All three major indices ended at all-time highs, with the Dow Jones Industrial Average up 0.5 percent to 30,303.37.
The broad-based S&P 500 gained 0.6 percent, ending at 3,722.48, while the Nasdaq Composite Index jumped 0.8 percent to 12,764.75, finishing at a record for the third straight session.
The records came despite some increasing signs of economic distress in the wake of the latest rise in coronavirus cases.
And data Thursday showed an unexpected…
Keep on reading: Dow, S&P 500, Nasdaq end at records on vaccine, stimulus hopes