Nasdaq, S&P 500 again end US trading at records

Traders betting current wave of COVID-19 infections will dissipate

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190126 WALL STREET 2
Reuters
Reuters

New York: Wall Street indices closed at records again on Wednesday, as traders bet the current wave of COVID-19 infections will dissipate, allowing the world’s largest economy to continue recovering.

The broad-based S&P 500 closed 0.2 per cent higher at 4,496.23, its second consecutive record. The tech-rich Nasdaq Composite Index finished up 0.2 percent at 15,041.85, setting a new all-time high for the third straight day.

The benchmark Dow Jones Industrial Average gained 0.1 percent to end at 35,405.50.

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