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  • The Dow hit a record high and the S and P 500 climbed Wednesday as lawmakers approved one of the largest stimulus measures in U.

  • S.

  • History.

  • Earlier, government data show that core consumer prices rose less than expected last month, easing investor concerns about inflation.

  • Treasury yields inch lower, but that failed to deliver a big boost to tech stocks.

  • The blue chip Dow closed 1.5% higher and the S and P 500 rose more than half percent.

  • But the NASDAQ lost all of its early gains in choppy trading to end flat.

  • Gerber Kawasaki CEO Ross Gerber says investors rotation away from tech stocks has more room to run.

  • Many people are overweight technology and and you know their fervent, you know, technology fans.

  • Um so there's some time still to go.

  • I think in this rotation, especially when you look at valuations of some of the tech stocks which are really high.

  • Mean stock mania intensified as shares a video game retailer Gamestop soared as much as 41% triggering multiple trading halts before paring its gains to close 7% higher.

  • Headphone maker costs jumped nearly 70% retail investors believe Americans will use some of their stimulus cheque money to buy stocks, especially meme stocks promoted on social media platforms.

  • Roadblocks made a splashy debut.

  • Shares of the online gaming platform, popular among kids, jumped 54% valuing the company at roughly $42 billion.

  • Shares of GE fell 5%.

  • The conglomerate is combining its aircraft leasing business with that of Irish rival Air Cap in a deal worth more than $30 billion.

The Dow hit a record high and the S and P 500 climbed Wednesday as lawmakers approved one of the largest stimulus measures in U.

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