شناسهٔ خبر: 47044106 - سرویس سیاسی
نسخه قابل چاپ منبع: وال استریت ژورنال | لینک خبر

Dow Industrials Rise to New High

The blue-chip index rose 0.3% to a record as concern about the potential for a rise in interest rates eased.

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The Dow Jones Industrial Average set a record Wednesday as a strong earnings season continued and fears of rising interest rates eased.

It was the Dow’s 22nd record close of 2021—tying the number of records the blue-chip index set in all of 2019, according to Dow Jones Market Data. Its next new high will mark the most in a calendar year since 2017, when there were 71.

Stocks have climbed in recent months as the economy heals from the pandemic-induced slowdown and corporate profits beat expectations. The S&P 500 has notched 25 records and gained 11% in 2021.

“It’s hard for this market to stay down for any lengthy period of time given the enormity of positive economic data confirmed with tremendous earnings,” said Hank Smith, head of investment strategy at Haverford Trust.

The Dow rose 97.31 points, or 0.3%, to 34230.34. The S&P 500 added 2.93 points, or 0.1%, to 4167.59. The tech-heavy Nasdaq Composite, meanwhile, dropped 51.08 points, or 0.4%, to 13582.42, as shares of Microsoft, Amazon.com and Facebook declined.