Otis Mayfield
Diamond Member
- Sep 17, 2021
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U.S. stocks marched upward Monday, with the S&P 500 and Dow Jones Industrial Average closing at record highs.
Stocks flitted between small gains and losses in early trading, but then turned decisively higher. The S&P 500 ticked up 21.58 points, or 0.5%, to 4566.48. The Dow Jones Industrial Average advanced 64.13 points, or 0.2%, to 35741.15. Both have hit dozens of records this year, including last week.
The Nasdaq Composite Index added 136.51 points, or 0.9%, to 15226.71.
Strong earnings from banks, consumer companies and manufacturers have soothed investors’ concerns about higher inflation and labor shortages. Now all eyes are set on technology stocks, which have a weighting of nearly 30% in the S&P 500.
My 401K is happy.
Way to go, Joe!
Stocks flitted between small gains and losses in early trading, but then turned decisively higher. The S&P 500 ticked up 21.58 points, or 0.5%, to 4566.48. The Dow Jones Industrial Average advanced 64.13 points, or 0.2%, to 35741.15. Both have hit dozens of records this year, including last week.
The Nasdaq Composite Index added 136.51 points, or 0.9%, to 15226.71.
Strong earnings from banks, consumer companies and manufacturers have soothed investors’ concerns about higher inflation and labor shortages. Now all eyes are set on technology stocks, which have a weighting of nearly 30% in the S&P 500.
S&P 500, Dow Rise to Fresh Record Highs
U.S. stocks marched higher ahead of a big week of earnings from major technology companies. Tesla’s market cap ballooned above $1 trillion for the first time.
www.wsj.com
My 401K is happy.
Way to go, Joe!