Stimulus Hopes Lead Dow Jones to a Record Closing Level

The Dow Jones Industrial Average hit a record high today, Tuesday, supported by gains in the sectors related to the economic cycle, amid hopes of more financial stimulus to pull the US economy out of the recession sparked by the Coronavirus pandemic.

But the Nasdaq index fell, affected by losses in technology stocks, while the S&P 500 index closed little changed amid fears of rising interest rates.

Dow Jones ended the trading session on Wall Street up 61.52 points, or 0.2%, to 31,519.92 points, while the benchmark S&P 500 index fell 2.24 points, or 0.06%, to close at 3,932.59 points.

The Nasdaq index closed down 47.98 points, or 0.34%, to 14,047.50 points.