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Major indices close near highs
All 3 major indices close at record highs today.
- The Dow and S&P close higher for the 2nd consecutive week
- The NASDAQ close higher for the 3rd consecutive week
- The S&P index outperformed the Dow and Nasdaq although all closed near session highs.
The final numbers are showing:
- S&P index rose 32.4 points or 0.88% to 3699.12
- NASDAQ index rose 87.05 points or 0.7% to 12,464.23
- Dow rose 248.74 points or 0.83% to 30,218.26
For the week, the
- NASDAQ index led the way with a 2.12% gain.
- The S&P rose by 1.67% and
- The Dow industrial average rose by 1.03%.
Energy, banks and technology led the charge this week. Energy was up around 4% while banks and technology increased by 3%.
Looking at the major global indices, the UK FTSE 100 led the winners with a 2.87% gain. Italy’s FTSE MIB and the German DAX were the laggards for the week. The FTSE MIB fell by -0.70% while the German DAX fell by -0.28%.
This article was originally published by Forexlive.com. Read the original article here.