The close: S&P 500 finishes within points of record high [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
The close: S&P 500 finishes within points of record high The S&P 500 jumped on Wednesday but finished just short of its February record closing high, in a broad rally led by tech stocks. The index during the session traded above its record high close of 3,386.15 from Feb. 19, before the onset of the coronavirus crisis in the United States that caused one of Wall Street’s most dramatic crashes in history. Heavyweights Microsoft Corp, Amazon nd Apple Inc were among the top boosts to the S&P 500. The Nasdaq and Dow also rose sharply. The Nasdaq was the first of the three major indexes to bounce back to an all-time high in June. The Dow remains below its February peak. With a better-than-feared second-quarter earnings season largely over, investors are preparing for the risk of a closely contested U.S. presidential election in the fall. Democratic candidate Joe Biden on Tuesday picked Senator Kamala Harris as his choice for vice president. Investors also awaited news on stimulus talks. A
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