Dow up 350 points, on pace for a record close amid Moderna vaccine progress

The Dow Jones Industrial Average (DJIA) advanced 349 points, or 1.2%, to 29,831, after briefly surpassing its intraday record of 29,933.83 set last week, and is on track for its first record close since February. The Nasdaq Composite (COMP) rose 56 points, or 0.5%, to 11,885, turning higher after starting the session near break-even levels. The small-cap Russell 2000 (RUT) rose 1.9%.

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