Dow jumps 2%, hitting new record on US stimulus momentum
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New York, March 8 (AFP/APP):The Dow shot to a fresh record Monday on optimism about the impending passage of a new US stimulus package and the rising momentum of coronavirus vaccination campaigns.
At about 1820 GMT, the Dow Jones Industrial Average was up 2.0 percent at 32,134.28, hitting new all-time peaks during the session.
The broad-based S&P 500 gained 1.0 percent to 3,878.72, while the tech-rich Nasdaq Composite Index declined 0.5 percent to 12,857.18.
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