Three major US stock indices closed at record highs Wednesday, extending another stretch of massive gains to Wall Street despite a dimming global outlook.
The Dow Jones Industrial Average, S & P 500, and the Nasdaq composite set new heights in a shortened trading session prior to the Independence Day.
Dow closed with a 179 point win, rising 0.67 percent to a record high of 26.966 points. S&P rose 0.77 percent and made almost 23 points close by a record 2.996 points. And Nasdaq rose 0.75 percent to win 61 points and ended with a record 8.170 points.
The deal ended at 1
Wall Street has also rallied as the Federal Reserve is moving closer to lowering interest rates.
Analysts attributed some of Wednesday's share gains to disappointing monthly jobs r eport from ADP and Moody & # 39; s Analytics. The companies reported on Wednesday a private payroll of 102,000 in June, which did not exceed the 135,000 working economists predicted.
Weakness in the labor market would likely move the Fed towards an interest rate level and lower interest rates tend to increase investment in stocks.
The federal monthly job report will be released Friday at. 8.30