Stocks rebounded on Wall Street Wednesday, briefly inching the S&P 500 above its all-time closing high set before the coronavirus pandemic led to a historic market plunge.
The benchmark index had its eighth gain in nine days and ended within 0.2% of its record high from Feb. 19. Big technology stocks led the way higher once again. Health care and communication services stocks also had a strong showing. Financial stocks were the only laggards.
The S&P 500 rose 46.66 points, or 1.4%, to 3,380.35.
The Dow Jones Industrial Average gained 289.93 points, or 1%, to 27,976.84.