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Added on the 08/02/2018 09:01:50 - Copyright : Wochit
There are new signs the economy is gaining momentum, including jobless claims hitting a 15-year low, and a rise in wages, despite the caution expressed by the Fed in its most recent statement. Bobbi Rebell reports.
The US equity indexes closed at record highs on Thursday. Analysts look to the Democrats' victories in the Georgia Senate runoffs as a factor in the surge. Experts say the dual victories in the Georgia Senate runoffs pave the way for sweeping fiscal support in early 2021. The S&P 500 was up 1.5% at 3,803.79. The Dow Jones industrial average closed 212 points higher at 31,041.13, up 0.7%. While the Nasdaq composite saw an uptick of 2.6% at 13,067.48.