Home » News » Stocks New York: Record party on Wall Street thanks to the Democratic march | 01/07/21

Stocks New York: Record party on Wall Street thanks to the Democratic march | 01/07/21

NEW YORK (dpa-AFX) – Thanks to clear political conditions in Washington, important US stock indices rose significantly on Thursday and reached highs. A fresh boost came from unexpectedly good economic data.

The US leading index Dow Jones Industrial (Dow Jones 30 Industrial) rose by 1.12 percent to 31,173.25 points and was thus at a record level. For the market-wide S&P 500, it rose by 1.51 percent to 3804.86 points. He too is currently moving at heights never seen before.

The technology-heavy NASDAQ 100 soared 2.14 percent to 12,893.59 points, but is still a bit short of its record level only reached on Monday. The Nasdaq Composite (NASDAQ Composite Index), another important technology index, jumped to a record high on Thursday and was also a good 2 percent up recently.

Now that the US Democrats have also won Senate sovereignty, President-elect Joe Biden can now more easily implement and govern his political agenda, which is likely to provide for even more extensive economic aid with high investments in infrastructure. There was also reason to be happy on the part of the economy: The mood of the US service providers was unexpectedly robust at the end of last year despite the worsening of the Corona crisis./la/he

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