U.S. stock-market benchmarks booked gains on Thursday and the Nasdaq closed at a record high, as investors rushed to large-capitalization technology and e-commerce shares for safety, after a pair of economic reports set off concerns about the broader U.S. economy’s tenuous recovery from the coronavirus epidemic.
How are stock benchmarks performing?
The Dow Jones Industrial Average
gained 46.85 points, or 0.2%, to end at 27,739.73, fending of a four-session losing streak. The S&P 500
rose by 10.66 points, or 0.3%, to close at 3,385.51. The Nasdaq Composite
climbed 118.49 points, or 1.1%, to wrap up at 11,264.95, marking its 35th record of 2020.