The Dow surges more than 450 points and other indexes hit new highs as Wall Street extends its milestone-setting run of recent weeks.
will become available this year helped put traders in a buying mood Wednesday, said J.J. Kinahan, chief strategist with TD Ameritrade.
“There’s a desire on both sides and they’re recognizing they are going to have to come to a deal some time soon,” said Katie Nixon, chief investment officer at Northern Trust Wealth Management. The benchmark S&P 500 index is up 10.8% so far this year following a five month streak of gains, while the Nasdaq is up 34.4%, driven by huge gains for technology giants like Apple.
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