Business
Wall Street opens at near record highs on vaccine, stimulus optimism By Reuters – Investing.com
Wall Street hovers near record highs after Biden bounce
By Devik Jain and Medha Singh
(Reuters) – Wall Street’s main indexes hovered near record highs on Thursday as investors counted on more pandemic relief and speedy vaccine rollouts under the Biden administration to support the economy after data showed a weakening labor market recovery.
The number of Americans filing for unemployment benefits was 900,000 in the latest week, the Labor Department’s report said. The elevated reading was likely due to a relentless surge in COVID-19 cases across the country.
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