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New York Stocks End: Late wave of buying – Dow targeting record

news-source="dpa-afx">

NEW YORK (dpa-AFX) – The New York stock exchanges gave full throttle again on the last meters on Friday. A mixed week ended with a positive final chord. Market observers identified positive economic data, positive news for the banking sector and the rapid corona vaccination campaign in the United States as price drivers.

The leading index Dow Jones Industrial held up the entire trading day in positive territory, before it got another strong boost in the last few minutes. In the end, the share price rose by 1.39 percent to 33 072.88 points, which meant that he was targeting his record high of 33 227 points, which was only a few days old. On a weekly basis, the stock market barometer recorded an increase in value of a similar magnitude.

The other indices also burned off a fireworks display shortly before the end: For the market-wide S&P 500 it ultimately rose by 1.66 percent to 3974.54 points, which means that it barely missed a record. Both standard value indices ultimately defied a phase of weakness on Thursday. The technology-heavy Nasdaq 100 ultimately advanced by 1.55 percent to 12,979.12 meters after the moderate previous day’s losses./gl/he

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