Dow Jones and S&P 500 indices rise to record highs

Dow Jones and S&P 500 indices rise to record highs

The U.S. indices Dow Jones and S&P 500 during the trading session on the New York Stock Exchange on Wednesday rose to a record high. The corresponding data are given on the trading site website.

The Dow Jones rose more than 0.5 percent to a record high of 35,668.63 points. Subsequently, the index declined slightly and stood at 35,619.75 points. The previous record was set in mid-August, when the Dow Jones rose to 35,625.4 points.

The S&P 500 rose to a record 4,540.8 points during the trading session, later dropping to 4,534.92 points. The previous record highs for this index were recorded in early September, when it rose to 4,536.95 points.

As notes MarketWatch, the growth of indices was caused by investors’ expectations of quarterly reports of American technology companies. In particular, Tesla is expected to publish financial indicators for a three-month period on Wednesday. Next week, Apple, Microsoft, Amazon, Facebook and Alphabet, which owns Google, will present quarterly reports.

Leave a Reply

Your email address will not be published. Required fields are marked *