Dow, S&P rise as Boeing, Caterpillar gain
U.S. equity markets remained in reach of record highs Thursday as investors digested a Republican counteroffer to President Biden’s infrastructure plan and key economic data.
|I:DJI||DOW JONES AVERAGES||34464.64||+141.59||+0.41%|
|I:COMP||NASDAQ COMPOSITE INDEX||13736.275686||-1.72||-0.01%|
The Dow Jones Industrial Average rose 138 points, or 0.4%, while the S&P 500 advanced 0.11% and the Nasdaq Composite slipped 0.01%. Both the Dow and the S&P 500 finished Wednesday within 1.% of their respective all-time highs. The Nasdaq was within 3% of its own record peak.
Senate Republicans on Thursday morning unveiled a $928 billion counteroffer to…