US closes with gains, major indices notch record highs

Shares on the major stock market benchmarks in the United States closed in the green on Monday, while the Dow Jones Industrial Average ended the session with another record high, along with the tech-heavy Nasdaq 100 and the S&P 500. US Senator Joe Manchin denied, once again, to support the $1.75 trillion reconciliation framework, while Treasury Secretary Janet Yellen forecasted that the ongoing pandemic will have a long-lasting impact on the state of employment in the country. President’s Working Group on Financial Markets asserted there is room for broader use of stablecoins in the country, with a proper, and stricter, regulation. The Dow Jones rose 0.26% as the session came to an end, led by Boeing’s jump of 3.65%. The Nasdaq 100 increased by 0.35% at the same time, with Tesla skyrocketing 8.52%. The S&P 500 concurrently gained 0.18%, as Franklin Resources soared 11.62%. The euro jumped 0.38% versus the dollar, selling for 1.16062 at 3:59 pm ET. NN: This market is doomed!