Wall Street closed at record high levels on Thursday buoyed by market participants’ expectations for the Congressional approval of a fresh round of fiscal stimulus this year. All the three major stock indexes ended in the green.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 0.5% or 148.83 points to close at 30,303.37, marking its all-time closing high. Notably, 21 components of the 30-stock index ended in the green while 7 in red and 2 remained unchanged. Major gainer of the blue-chip index was Johnson & Johnson JNJ. The stock carries a Zacks Rank #3 (Hold).