Business News

Wall Road rose, closing on historic data on the Dow Jones and Nasdaq

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

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December
5, 2020

1 min read

This article has been translated from our Spanish edition using AI technologies. Errors can occur due to this process.

This Friday the stock indices were announced to rise: the Dow Jones Industrial rose 0.83%, the S&P rose 0.88%, the Nasdaq Composite rose 0.70% and the Russell 2000 rose 2.37%.

Since January 2018, these four major indices of the US economy hadn't hit those all-time highs, according to the Wall Street Journal. The point of sale attributes the surge to investor hopes for economic stimulus from new vaccines that would help fight the coronavirus pandemic.

In terms of sectors, the sharp increase in energy was reinforced by 5.43%, later by 2.33% for basic materials, 1.32% for real estate and 1.22% for industry.

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