(Reuters) - The S&P 500 and the Dow hit record highs on Monday as investors cheered strong jobs data and looked for a report on the services sector with signals that 2021 could see the best annual economic growth in nearly four decades.
FILE PHOTO: A U.S. flag flies outside The Federal Reserve Bank of New York in New York City, U.S., March 29, 2021.
[O/R]With speedy vaccinations and additional government stimulus helping the S&P 500 and the Dow clinch all-time highs, investors will now look to progress on a massive infrastructure plan and the upcoming corporate earnings season for insight on the sustainability of the rally.
ET, the Dow Jones Industrial Average was up 303.10 points, or 0.91%, at 33,456.31, the S&P 500 was up 34.30 points, or 0.85%, at 4,054.17, and the Nasdaq Composite was up 110.71 points, or 0.82%, at 13,590.81.
The S&P index recorded 63 new 52-week highs and no new low, while the Nasdaq recorded 97 new highs and two new lows.
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