Dow Soars Above 32000 to Close at Record
Posted on AllSides March 10th, 2021
From The Center
The Dow Jones Industrial Average climbed more than 450 points to a record close Wednesday after fresh inflation data showed a muted increase and eased fears of a rapid rise in interest rates.
The blue-chip index jumped 464.28 points, or 1.5%, to 32297.02, marking its 11th record of 2021 and first close above 32000.
The S&P 500 gained 23.37 points, or 0.6%, to 3898.81. The Nasdaq Composite, meanwhile, lost 4.99 points, or less than 0.1%, to 13068.83, after rising more than 1.5% in morning trading on the back of Tuesday’s rally.
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