Home » today » News » Stocks New York: Dow attacks 30,000 points – new records on S&P and Nasdaq | 12/3/20

Stocks New York: Dow attacks 30,000 points – new records on S&P and Nasdaq | 12/3/20

NEW YORK (dpa-AFX) – The Dow Jones Industrial (Dow Jones 30 Industrial) dares to approach 30,000 points again on Thursday. The Wall Street barometer fluctuated around the round mark in early trading, which it had last overcome for the first time. After almost an hour of trading, it was up 0.43 percent at 30,012.40 points.

Other indices even set new records with their rise on Thursday. The market-wide S&P 500 managed an increase of 0.24 percent to 3677.77 points. The technology-heavy NASDAQ 100 surged 0.56 percent to 12,525,887 points.

After a lame day before, investors dared to step out onto the floor a little more courageously on Thursday. They are eagerly waiting to see when the vaccinations against the coronavirus will start in the USA and Europe. According to analyst Craig Erlam from broker Oanda, a year-end rally is not yet off the table, especially since some approval decisions are still pending.

Erlam also considers it important that Washington agree on a new stimulus package this year, even if it is likely to be smaller than the Democrats would like. However, the weekly labor market data did not exactly increase the pressure on Thursday, the first applications fell surprisingly significantly. / Tih / he

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