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New York equities: S&P 500 close to record high on last day before Christmas

news-source="dpa-afx">

NEW YORK (dpa-AFX) – The recent good mood on the US stock market continues shortly before Christmas. In early trading on Thursday, the broad S&P 500 rose 0.48 percent to 4719 points, nearing its record high four and a half weeks ago. British studies on the Omicron variant provide some relief. They support the theses from South Africa, according to which the mutant of the coronavirus is far more contagious than the delta variant, but leads to hospital much less often.

The New York benchmark index Dow Jones Industrial went up another 0.63 percent on Thursday to 35,980 points. His weekly plus is currently 1.7 percent. The technology-heavy Nasdaq 100 gained 0.26 percent to 16,222 meters on the last trading day of the week. In the past two days it had gained even more than the standard values. Overall, it is the third day in a row with profits for the US stock exchanges.

Investors are processing a lot of economic data again this time, after good US economic data had already fueled the recent recovery on Wall Street the day before. However, many market participants have already closed their books, so the trading session should go smoothly. US stock exchanges will remain closed on Friday, December 24th./ajx/he

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