investing.com 30 Dec, 2020 23:00 am

Dow Closes at Record High on Energy, Industrials Boost By Investing.com

Dow Closes at Record High on Energy, Industrials Boost

com – The Dow closed higher on Wednesday as gains in energy and industrial sectors helped overshadow a setback on Capitol Hill to increase direct payments included in the stimulus bill to $2,000.The move all but ends any hopes for a ramp-up in direct payments to Americans as the lawmakers are divided on the other two issues.crude inventories.The Energy Information Administration reported Wednesday crude inventories for the week ended Dec.

In other news, Tesla (NASDAQ: TSLA ) added 4% as Wall Street talked up the prospect of better-than-expected deliveries for 2020 ahead of the electric vehicle automaker's numbers next week.Tesla is expected to surpass its target delivery of 500,000 electric vehicles in 2020 as it is forecast to beat Wall Street expectations of 163,000 deliveries in the fourth quarter, Credit Suisse (SIX: CSGN ) said.

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