US closes higher, Dow, S&P reach new records

Monday, 15. March 2021 21:00

Major stock indexes in the United States ended the trading session on Monday as the Dow Industrial Average (DJIA) and the S&P 500 jumped to fresh highs. President Joe Biden picked former National Economic Council head Gene Sperling to oversee the implementation of the $1.9 trillion stimulus package. In business, Moderna Inc. began volunteer testing for its new, next-gen coronavirus vaccine.

The DJIA was up 0.53% at the closing bell. McDonald's Corp. was the best performer on the index, rising 3.82%. The S&P 500 gained 0.65% with United Airlines Holdings Inc. climbing 8.26%. The Nasdaq 100 jumped 1.12%, as NXP Semiconductors N.V. surged 8.84%.

The euro lost 0.26% against the greenback, selling for 1.19292 dollars at 3:59 pm ET.

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Author:
Breaking the News / MD