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S&P 500 hits another record high despite stalled Johnson & Johnson vaccine rollout, stronger inflation – ABC News
A surge in technology stocks pushes the benchmark S&P 500 index to a record closing high with investors shrugging off higher inflation and a pause to the rollout…
Wall Street has hit more record highs despite rising inflation in the US and a halt to the rollout of the Johnson & Johnson coronavirus vaccine.
Key points:
- The Dow Jones falls 0.2pc to 33,677, S&P 500 rises 0.3pc to 4,142, and Nasdaq rises 1.1pc to 13,996
- Bitcoin jumps to a record high of $US63,769 ahead of Coinbase IPO
- US consumer inflation rises 0.6 per cent in March
Technology stocks drove the S&P 500 index to another record closing high.
Shares in pharmaceutical firm Johnson & Johnson hit…
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