Wall Street jumps with focus on stimulus package | Malay Mail

At 9.43am ET, the Dow Jones Industrial Average was up 230.21 points, or 0.83 per cent, at 27,917.12, the S&P 500 was up 30.25 points, or 0.91 per cent, at 3,363.94. — Reuters pic

The S&P 500 is about 0.9 per cent below its intraday record high of 3,393.52. The benchmark index snapped seven days of gains yesterday after coming within 0.4 per cent of its peak, powered by historic fiscal and monetary stimulus and signs of a nascent economic recovery. The Nasdaq was the first of the three major indexes to bounce back to an all-time high in June. The Dow is about six per cent below its February peak.

At 9.43am ET, the Dow Jones Industrial Average was up 230.21 points, or 0.83 per cent, at 27,917.12, the S&P 500 was up 30.25 points, or 0.91 per cent, at 3,363.94. The Nasdaq Composite was up 115.54 points, or 1.07 per cent, at 10,898.37. Tesla Inc rose five per cent as it announced a five-for-one stock split in an attempt to make its shares more accessible to employees and investors.

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