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Dow Makes Late-Dash Higher as Wave of Tech Buying Continues

1 month ago   |   By FXCM

By Yasin Ebrahim
Investing.com - The Dow rallied as late-buying swept through Wall Street Wednesday, led by tech as investors continue to shrug off rising Covid-19 cases.
The S&P 500 gained 0.79%, while the Nasdaq Composite gained 1.44% to close at a record high, and the Dow Jones Industrial Average rose 0.69%.
Coronavirus cases in the U.S. have topped three million weeks after reaching two million, driven by the rapid spread of the virus in Florida, California and Texas.
The resurgence of the virus has reined in the paced of the economic recovery seen in the previous weeks as some states...
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