Broad gains in stocks pushed several major indexes to all-time highs on Wall Street.
The S&P 500, the Dow Jones Industrial Average and a measure of small-company stocks all closed at record levels on Thursday. The S&P 500 added 1%. The tech-heavy Nasdaq rose 2.5%, but remains below the record high it set last month.
The gains came as President Joe Biden signed a huge economic relief bill into law. Crude oil prices rose more than 2%, and Coupang, the Amazon of South Korea, soared in its debut on the New York Stock Exchange.