Stocks rise after upbeat vaccine news, Nasdaq at record high


The Dow Jones Industrial Average rose 104.09 points, or 0.35%, to 30,173.88, the S&P 500 gained 10.29 points, or 0.28%, to 3,702.25 and the Nasdaq Composite added 62.83 points, or 0.5%, to 12,582.77. The S&P 500 managed to close above 3,700 for the first time. The pan-European STOXX 600 index ended up 0.2% on the day, while MSCI's gauge of stocks across the globe gained 0.21%

NEW YORK: Global equity indexes rose and the S&P 500 and Nasdaq posted record closing highs on Tuesday after encouraging COVID-19 vaccine news, while Brexit deal talks weighed on sterling.

Stocks on Wall Street reversed the day's earlier declines, even as worries about further fiscal stimulus remained.

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