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New York Equities End: Solid economic data bring S&P 500 record high

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NEW YORK (dpa-AFX) – Robust economic data lifted the S&P 500 to a high on Friday. After the tax increases planned by US President Joe Biden had caused losses on Thursday, the optimists have now taken the helm again. At the end of the week, investors increasingly counted on the positive impulses that the investments in the US infrastructure associated with the economic stimulus programs should bring. In general, the continued loose monetary policy is supporting share prices.

The broad S&P 500 closed 1.09 percent higher at 4180.17 points. His record is now a good 4194 points. The leading index Dow Jones Industrial rose by 0.67 percent to 34 043.49 points. On a weekly basis, however, this results in a minus of 0.46 percent. The technology-heavy and particularly economically sensitive Nasdaq 100 rose on Friday by 1.30 percent to 13,941.44 points./la/he

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