Wall Street Settles Mixed After Early Rally Over US Stimulus Bill
Faizan Hashmi Published March 26, 2020 | 01:20 AM
NEW YORK (UrduPoint News / Sputnik - 26th March, 2020) US stocks closed mixed on Wednesday, with the�Dow Jones Industrial Average and S&P500 indexes settling off their highs while the Nasdaq Composite fell, as Wall Street appeared to lose some of its enthusiasm for the $2 trillion stimulus package agreed between the White House and Congress for the coronavirus (COVID-19) pandemic.
The Dow, the broadest equities gauge on the New York Stock Exchange, closed up 482� points, or 2.3 percent, at 21,187. It rose more than 1,000 points earlier in the day. In Tuesday's session, the Dow gained 2,113 points, or 11.4 percent.
The S&P500, barometer for the top 500 US stocks, settled Wednesday's trade up 1.3 percent at 2,478 after hitting a session high of 2,572.
The tech-heavy Nasdaq Composite closed down 0.5 percent at 7,384 after rising to as high as 7,671 earlier.
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