- The Dow fell -9.93 or -0.03%
- The S&P 500 closed down -4.36 or -0.11%.
- The Nasdaq Composite rose +20.06 or +0.14%.
*To understand more about how to read the Stock Market Index go to our page Stock Market Indices Explained
Investors were focused on the potential for another round of government spending to boost the economic recovery from the coronavirus pandemic.
President Joe Biden and congressional Democrats are preparing to push a another fiscal stimulus package through the Senate via a process known as budget reconciliation that would require a simple majority, likely meaning a package closer in size to Biden’s $1.9 trillion proposal.
Bitcoin traded as high as $48,226, according to CoinDesk, before paring gains. At last check the world’s largest cryptocurrency was at $47,059, up 9.5%.