New York (CNN Business) Stocks rallied Thursday after President Joe Biden announced a bipartisan agreement on an infrastructure deal. S&P 500 SPX Nasdaq Composite COMP Dow INDU Theandhit new record highs and theclimbed more than 320 points. "We have a deal," Biden told reporters Thursday. The Dow closed 323 points, or nearly 1%, higher, while the S&P finished up 0.6%. The Nasdaq closed 0.7% higher.

Source: CNN June 24, 2021 18:32 UTC