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April 6, 2021

Stocks close broadly higher

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks on Wall Street notched broad gains Monday as investors welcomed more signs that the economy is on the path to recovery,

The S&P 500 rose 1.4% to an all-time high after closing above the 4,000-point mark for the first time last Thursday. The Dow Jones Industrial Average also set a record high, as the market extended its recent run of gains. Technology companies powered much of the rally, which was a reaction to encouraging data on the economy.


 
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