Morning Report 12 Mar 21: US sharemarkets were higher on Thursday

President Biden signed the stimulus bill. Investors were also encouraged by a fall in new jobless claims. Technology and consumer discretionary led the gains while financials fell. Shares in software maker Oracle fell 6.5% in response to quarterly revenue figures. At the close, the Dow Jones index was up by 189 points or 0.6% to record highs. The S&P 500 index lifted by 1.0% to record highs. And the Nasdaq index was up by 330 points or 2.5%.

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