Wall Street closed modestly higher on Thursday after a choppy session. All the three major stock indexes closed well below their intraday highs as hope for a fresh round of fiscal stimulus disappeared. A series of mixed economic data indicated that the pace of the U.S. economic recovery have waned. The Dow and the S&P 500 gained modestly while rebound of the technology sector lifted the Nasdaq Composite.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 0.1% to close at 27,816.90, maintaining 2-day winning streak. Notably, 24 components of the 30-stock index ended in the green