Why Nio Stock Got Crushed Today

MarketWatch

S&P 500 opens above record close as stocks extend post-Fed rally

Stocks opened higher Thursday, with the S&P 500 trading above its record close of 4,712.02 set on Dec. 10, a day after the Federal Reserve announced its plan to wind down its bond-buying program by March and penciled in three rate increases in 2022. The Dow Jones Industrial Average rose 153 poitns, or 0.4%, to 36,080, while the S&P 500 advanced 0.3% to 4,725.29. The Nasdaq Composite was up 0.2% at 15,591.90.

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