Business

Wall Street surged, closing historical records on the Dow Jones and Nasdaq

It is the first time since January 2018 that the four major indices of the US economy have peaked, according to the Wall Street Journal.

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Wall Street surged, closing historical records on the Dow Jones and Nasdaq
Wall Street surged, closing historical records on the Dow Jones and Nasdaq

This Friday the increases in the stock indices were announced: The The Dow Jones Industrial was up 0.83%, the SP was up 0.88%, the Nasdaq Composite was up 0.70%, and the Russell 2000 was up 2.37%.

Since January 2018, these four major indices of the US economy hadn’t hit these all-time highs., in accordance with The Wall Street Journal. The point of sale attributes the surge to investors hoping for economic stimulus from new vaccines that would help fight the coronavirus pandemic.

In terms of sectors, the sharp rise in energy has been reinforced, 5.43%, later 2.03% of raw materials, 1.32% of real estate and 1.22% of industry.

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