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All Main Indexes Close at Records as S&P 500 Has Best Start to Year Since 1964


Wednesday, 10 January 2018 04:15 WIB

DOW JONESS & P 500SahamASNasdaq Composite


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All main stock benchmarks closed at records on Tuesday with the S&P 500 notching six consecutive records to kick off a new year, something it has not done since 1964.

Confidence over the economy on top of optimism over tax cuts have continued to whet investors' appetite for stocks. Expectations of another strong quarter of corporate earnings are also helping to support demand for equities.

The Dow Jones Industrial Average rose 106 points, or 0.4%, to 25,389. The S&P 500 added 3 points, or 0.1%, to end at 2,751 while the Nasdaq Composite Index gained 6 points to 7,163.

Source : Marketwatch


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