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.

Note: This article has been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Sony Issues Statement About Microsoft Activision Blizzard Purchase And Xbox Exclusivity thumbnail

Sony Issues Statement About Microsoft Activision Blizzard Purchase And Xbox Exclusivity

Call of Duty Vanguard Activision Sony has finally commented on the massive news that Microsoft has bought Activision Blizzard for nearly $70 billion, and it’s not exactly congratulatory. Speaking to the Wall Street Journal, Sony had this to say about Microsoft’s responsibility to honor Activision’s existing contracts: “We expect that Microsoft will abide by contractual…
Read More
Persistence pays off for president of NY excavation firm thumbnail

Persistence pays off for president of NY excavation firm

This audio is auto-generated. Please let us know if you have feedback. This article is one in a series of conversations with women leaders in the construction industry. Click here for past discussions. Before transitioning to the construction industry, Stacey Tompkins worked in management as a food service director for Aramark Services, overseeing corporate dining facilities for
Read More
Bitcoin (BTC) Price Might Hit $48K In Next 2 Weeks thumbnail

Bitcoin (BTC) Price Might Hit $48K In Next 2 Weeks

In recent weeks, Bitcoin has demonstrated significant strength, breaking through key resistance levels and aiming for unprecedented highs. Investors and market enthusiasts are abuzz with speculation that Bitcoin might soon surpass its all-time high records.Monthly Close and ETF Developments: Key Factors to WatchCrypto Banter, a well-known voice in the cryptocurrency analysis sphere, emphasized the crucial
Read More
Index Of News
Total
0
Share