Friday, September 21, 2018

Dow, S&P Surge to Record Closes as Economy Steams Ahead


U.S. stock markets smashed records on Thursday as investors tuned out politics, natural disasters and trade to focus on a flourishing economy that is producing robust corporate earnings.

The S&P 500 and Dow Jones industrial average closed at record highs on Thursday, finishing up .79 percent and .95 percent respectively. The S&P closed up 22.80 points at 2,930.75. The Dow finished up 251 points, a gain of .95 percent on the day to close at 26,656.98. The tech-heavy Nasdaq Composite finished at 8,028.23, up .98 percent.

It’s the S&P’s 19th new record close this year and its 89th since the 2016 election. The Dow recorded its 12th new closing high of the year and its 100th new high since the election.

More @ Valley News

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