US STOCKS-S&P 500 nears 4,000 points for the first time, Biden's spending plan on deck
Business news

Technology shares led the S&P 500 to a record high and the three major Wall Street indexes were set to wrap up their fourth straight quarterly gain on Wednesday, with investors awaiting details on President Joe Biden’s massive infrastructure plan. The benchmark index was nearing 4,000 points for the first time as bets on strong economic rebound helped markets ride out a quarter that saw a retail trading frenzy, inflation worries, a spike in Treasury yields and a U.S. hedge fund going bust.


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HEDGE accordingly