U.S. stock benchmarks on Friday rose tepidly higher but enough to notch record levels for the three main equity benchmarks, with investors focused on the prospect of a possible $900 billion coronavirus relief package out of Washington. The Dow Jones Industrial Average [: DJIA] gained less than 0.1% to reach 30,343, before slipping back, the S&P 500 index SPX, -0.37% advanced to an intraday record around 3,726, before retreating on Friday, while the Nasdaq Composite Index COMP, -0.
is expected to be added to the S&P 500 index following the close of Friday trade.
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