Stock Market News for Aug 13, 2020
Broad rally led by tech stocks pushed benchmarks to finish higher on Wednesday. The S&P 500 closed inches below its all-time high set in February, and investors kept an eye on the second coronavirus stimulus bill and stronger-than-expected economic data.
The Dow Jones Industrial Average (DJI) rose 289.93 points, or 1.1%, to close at 27,976.84 and the S&P 500 gained 44.66 points, or 1.4% to close at 3,380.35. The Nasdaq Composite Index closed at 11,012.24, adding 229.42 points, or 2.1%. …
