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Dow Climbs 455 points While S&P 500 Sets Record

Video Credit: Wochit News
Published on September 3, 2020 - Duration: 00:32s

Dow Climbs 455 points While S&P 500 Sets Record

US stocks climbed on Wednesday with the S&P 500 and Nasdaq composite extending records.

According to Business Insider, both indexes closed at all-time highs on Tuesday.

The rally was partly spurred by sectors that have underperformed in 2020, including utilities and financials.

Traders are closely watching for signs that Congress will sign on for another pandemic stimulus bill soon.

Treasury Secretary Steven Mnuchin on Tuesday encouraged Congress to pass stimulus measures.

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Steven Mnuchin

77th and current United States Secretary of the Treasury
Pelosi and Mnuchin are racing against a Tuesday deadline for a new stimulus deal.
Credit: NYTimes.com - Published 6 hours ago

The treasury secretary and Speaker Nancy Pelosi are negotiating a coronavirus relief bill.
Credit: CBS News - Published 5 days ago


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