S&P 500 climbs more than 1% to close above 4,000 for the first time

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The S&P 500 crossed the 4,000 threshold for the first time on Thursday as Wall Street built on a solid March following the rollout of President Biden’s infrastructure plan. The Dow was up 0.52%. The S&P 500 surged 1.18%. The Nasdaq jumped 1.76%.

last month from 60.8 in February, according to the Institute for Supply Management. That was the highest level since December 1983.. First-time claims for unemployment insurance for the week ended March 27 totaled 719,000, higher than 675,000 expected by economists surveyed by Dow Jones.

The key March jobs report will be released on Friday, although the stock market will be closed for the Good Friday holiday. Economists expect 630,000 jobs were added in March, and the unemployment rate fell to 6% from 6.2%, according to Dow Jones.buy Japanese semiconductor firm Kioxia for about $30 billion, according to a Wall Street Journal report. Micron shares jumped 4.7% on the news, while Western Digital popped 6.9%.

Wall Street just wrapped up March with solid gains. The Dow and the S&P 500 climbed 6.6% and 4.3%, respectively, last month, posting their best month since November. The Nasdaq gained 0.4% in March as tech stocks came under pressure amid rising interest rates.

 

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Huge danger is on the Horizon, simply put how do you pay back a loan $2.1 trillion? You hike up taxes, down the road there is going to be a world of hurt for the American consumer.

I thought the market was supposed to crash

POTUS President Biden So, what you changed the Aid checks not to go out to the SSI and SSA and The Retirement Elders, they get 'NOTHING'!!! because my mother did not get her Pandemic aid Relief Check in at all nor did my half sister who's on SSI!!!! been over 30 days !!!

Wait, I thought the market was supposed to crater i Biden won? 🧐

I was told stocks would collapse because of tax increases

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