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NEW YORK (dpa-AFX) – Pleasing economic news also drove the Dow Jones Industrial (Dow Jones 30 Industrial) on Friday. The other major stock indices also closed in positive territory. Positive stimuli also came from the positive business figures of the investment bank Goldman Sachs.
The US benchmark index rose 1.09 percent to 35,294.76 points after it had already risen significantly on Thursday. This brought the record high of 35,631 points that was reached in mid-August a step closer. On a weekly basis, there is an increase of 1.58 percent.
The S&P 500 gained 0.75 percent to 4,471.37 points on Friday. The technology-heavy NASDAQ 100 went up 0.63 percent to 15,146.92 points.
US retail sales data were unexpectedly strong on Friday, fueling risk appetite among Wall Street investors. In September, the retail sector surprised with an increase in sales. It was already known on Thursday that the number of weekly initial jobless claims fell below 300,000 for the first time in the Corona crisis. This solidified hopes of a recovery in economic growth./la/he
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