S&P 500 and Dow at record highs as fears around the micron subside

The Dow Jones industrial index closed up 0.25% to 36,488.63 points, a new closing high, and during the session it touched 36,571.55 points for the first time in its history.

The Dow rose in the last six sessions, in what is the longest series of rises since March this year (when it appreciated during seven rounds, between March 5th and 15th).

Already the Standard & Poor’s 500 advanced 0.14% to end at 4,793.06 points, which was also a closing record. During the session it touched 4,804.06, very close to the highest value ever, which yesterday reached 4,807.02 points.

On the other hand, the technological Nasdaq Composite gave way, albeit slightly, ending to depreciate 0.10% to settle at 15,766.22 points. In intraday trading on November 22, it is recalled, it reached a new all-time high at 16,212.23 points.

Retailers such as Walgreens and Nike stood out in today’s rises, at a time when investors seem to be less apprehensive about the omicron variant of the coronavirus.

Some studies have pointed to a lower risk of hospitalization in cases of contagion with this new strain, which eases the concerns of market players.

As 2021 draws to a close, major US stock indices are on track for their third consecutive year of good annual returns, spurred by fiscal stimulus and monetary. The S&P 500 is on track to post its strongest performance in three straight years since 1999.

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