NEW YORK (dpa-AFX) – Sustained growth hopes ensured that the record hunt on Wall Street continued on Monday. Both the Dow Jones Industrial (Dow Jones 30 Industrial) and the market-wide S&P 500 reared up again shortly before the close of trading and each reached historic highs. The technology-heavy and therefore economically sensitive selection indices picked up more strongly at the beginning of the week than the two standard values stock market barometers, but are still far from their respective record highs.
The US leading index Dow went 0.53 percent higher at 32,953.46 points from trading. His record high is now a good 32,973 points. The S&P 500 rose 0.65 percent to 3968.94 points. Among the tech indices, the NASDAQ 100 managed an increase of 1.12 percent to 13082.54 points.
The optimism about the corona aid package for the economy signed by US President Joe Biden and better than experts expected economic data ultimately gave a lot of tailwind. Surprisingly, the mood in New York industrial companies brightened significantly in March. The release fits in with a series of robust economic data over the past few weeks. In the meantime, many economists and equity strategists have already raised their growth expectations for this year./la/fba
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