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Thursday, 17 Dec 2020 06:57 AM MYT Gains in tech stocks, many of which have benefited from changes in consumer habits because of the pandemic, pushed the Nasdaq to a record high December 16, 2020. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, Dec 17 Wall Street rose yesterday, with the Nasdaq closing at a record high as investors awaited a potential fiscal economic stimulus package and after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero. Stocks traded in positive territory after the Fed promised to keep funnelling cash into financial markets to fight the recession, even as policymakers outlook for next year improved following initial rollout of a coronavirus vaccine.

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