Dow closes flat near a record as the market's February rally pauses

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U.S. stocks were mostly flat on Thursday, putting a pause on the market’s momentum earlier in the month. The Dow was lower at 0.02%. The S&P 500 rose 0.2%. The Nasdaq was up 0.38%.

After a strong runup in equities in the beginning of February, the market rally seemed to slow down a tad.

The market rallied to record levels this month as investors anticipated that any additional fiscal relief measures would support equities further. The S&P 500 has gained 4.3% this year so far, while the Russell 2000 jumped more than 15% year to date as beaten-down small caps rotated into favor with rising reopening optimism.

 

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Get rid of the impeachment you see shares rising again.

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