S&P and NASDAQ are at record levels

S&P and NASDAQ are at record levels

Standard & Poor's 500  and the Nasdaq  closed at record levels today as Chinese workers and factories gradually began to return to work after the Lunar New Year holiday that was extended due to the outbreak of the Coronavirus.

Tesla shares rose 3.1% after its Shanghai plant resumed production and Topman Center Mall jumped 53.2% on news that Simon Property Group bought it in a $ 3.6 billion deal.

The Dow Jones industrial average rose 174.31 points, or 0.6% to 29,276.82 points, the Standard & Poor's 500 Index rose 24.39 points, or 0.73%, to 3,352.1 points, and the Nasdaq Composite Index rose 107.88 points, or 1.13%, to 9,628.39 points.