S&P 500, Nasdaq Boast Record Close as Biden Unveils Infrastructure Deal By Investing.com
By Yasin Ebrahim Investing.com – The S&P 500 and Nasdaq closed at record highs riding a wave of economic optimism as President Joe Biden announced a nearly $600 billion infrastructure pact, the fate of which depends on the success of a much larger package that has drawn strong opposition from Republicans. The S&P 500 rose 0.6% to record intraday high of 4,266.50 and the Dow Jones Industrial Average jumped 1%, or 322 points, while the Nasdaq climbed 0.7% having hit an all-time high of 14,369.71 intraday. “We have a deal,” Biden told reporters Thursday. “I think...
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