US STOCKS-Nasdaq and S&P 500 scale new peaks; Dow rallies ...Middle East

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US STOCKS-Nasdaq and S&P 500 scale new peaks; Dow rallies
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The Nasdaq and the S&P 500 indexes hit all-time highs on Thursday, with the Dow also jumping, as U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal. After the U.S. economy grew at a 6.4% annualized rate in the first quarter, thanks to the massive fiscal stimulus, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy.

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