Dow Jones Starts ‘20 With a 330-Point Bang as Stock Market Rushes to New High

The stock market started 2020 with a bang as the Dow Jones Industrial Average knocked out a brand-new high with a 330-point gain. The Nasdaq and S&P 500 also made fresh highs.

The Nasdaq surged 1.3%, the Dow Jones industrials rallied 1.2%, and the S&P 500 advanced 0.8% in today’s trading. Small caps tracked by the Russell 2000 lagged, down 0.4% after paring sharp earlier losses. Preliminary data showed higher volume on both exchanges vs. Tuesday.