REUTERS: Wall Street's main indexes jumped on Wednesday, with the S&P 500 crawling towards a record high in a broad rally led by tech stocks, although some investors were cautious following a stalemate over the new coronavirus relief bill.
"But it does look like this morning, there's enough upside momentum that markets could very well be past that when they open." At 9:43 a.m. ET, the Dow Jones Industrial Average was up 230.21 points, or 0.83per cent, at 27,917.12, the S&P 500 was up 30.25 points, or 0.91per cent, at 3,363.94. The Nasdaq Composite was up 115.54 points, or 1.07per cent, at 10,898.37.
Tesla Inc rose 5per cent as it announced a five-for-one stock split in an attempt to make its shares more accessible to employees and investors.
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