The Dow Jones Industrial Average rose 177.1 points, or 0.68%, to 26,067.28, the S&P 500 gained 24.62 points, or 0.78%, to 3,169.94 and the Nasdaq Composite added 148.61 points, or 1.44%, to 10,492.50.
NEW YORK: U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound offset concern about further lockdowns due to a jump in coronavirus cases across the country.
Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with the S&P 500 technology index <.SPLRCT> up 1.6% and leading sector gains. The Nasdaq outpaced the other two major indexes, ending 1.4% higher, led by Amazon.com , its fourth record closing high this month.
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