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New York stocks: record hunt continues

NEW YORK (dpa-AFX) – The most recent record rally on the US stock markets continued towards the middle of the week. Hopes for a new US economic stimulus package soon and interest rates that will remain low for a long time to come, it said. Investors picked up stocks again out of concern that they would miss something, said a market watcher. Without real disruptive factors, the optimism could not be stopped for the time being.

Der Dow Jones Industrial rose on Wednesday immediately after the start of trading to a high of 31,509 points and was most recently 0.36 percent higher at 31,488.84 points. The other leading indices also reached record highs again. So the market-wide S&P 500 increased most recently by 0.29 percent to 3926.53 points. The tech-heavy Nasdaq 100 gained 0.38 percent on 13,739.57 points.

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