New York stocks: Dow on record – report based on Biden program

news-source=”dpa-afx”>

NEW YORK (dpa-AFX) – A moderate price increase was enough for a record value for the Dow Jones Industrial on Thursday. Three quarters of an hour after the stock market launch, the US benchmark index was 0.39 percent up at 31,181.01 points. The other major US stock indices lurked just below their highs. For the market-wide S&P 500 it went up by 0.23 percent to 3818.59 points and the technology-heavy Nasdaq 100 gained 0.18 percent to 1296.60 points./gl

Market observers saw a media report as the price driver, according to which the designated US President Joe Biden is planning trillion-dollar corona aid. However, the surprisingly strong increase in weekly initial applications for US unemployment benefits slowed down the willingness to buy./gl/he

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