April 6, 2021 2:32 PM

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US markets end on solid gains

<span style="color: #222222;">US markets ended with solid gains, as a round of strong economic data on the labor market and services sector buoyed investor optimism for the economic reopening and a muted climb in the 10-year US Treasury yield kept inflation worries at bay.<br />'' <br />'' An ISM survey for March showed a measure of US services industry activity jumped to a record high. The data followed Friday's report showing US non-farm payrolls surged by 916,000 jobs in March.<br />'' <br />'' So. the Dow Jones Industrial Average advanced 374 points, or 1.1 percent, to end at a new record high of 33,527; the S&P 500 climbed 58 points, or 1.4 percent, to close at a fresh peak of 4,078. And the Nasdaq Composite added 226 points, to 13,706.<br />'' <br />'' With speedy vaccinations and additional government stimulus helping the S&P 500 and the Dow clinch all-time highs, focus now turns to progress on a massive infrastructure plan and the upcoming corporate earnings season.<br />'' <br />''<br />''Meanwhile, US Treasury Secretary, Janet Yellen said she was working with G20 countries to agree on a global corporate minimum tax rate to end a "30-year race to the bottom on corporate tax rates."</span>

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