Traders work on the floor at the New York Stock Exchange, June 5, 2019.
Brendan McDermid | Reuters
Dow Jones Industrial Average rallies 289 points
S&P 500 records within reach
The S&P 500 closed less than half a percent below its intraday record of 3,393.52. It also traded above its record closing high on Wednesday before falling just short. However, Wall Street is still grappling with massive uncertainty out Washington regarding a new coronavirus stimulus package. On Wednesday, House Speaker Nancy Pelosi said both sides were still “miles apart” on relief negotiations.
Tech rebounds, reopening trade lags