March 20, 2023

Dubai Week

Complete Dubai News World

Record positions on "Wall Street" first in the new year

Record positions on “Wall Street” first in the new year

The Dow Jones Industrial Average and Standard & Poor’s touched a record high shortly after it opened on Wall Street on Tuesday, allaying fears of a corona virus’s mutated omigran strain, boosting travel stocks and boosting optimism about truck production. Lightweight, powered by electricity.
The Dow Jones Industrial Average rose 182.88 points, or 0.50 percent, to 36,767.94.
The Standard & Poor’s 500 Index was up 13.36 points, or 0.28 percent, at 4,809.92, while the Nasdaq was down 2.94 points, or 0.02 percent, at 15,829.86.

The first sessions of 2022

On Monday, U.S. stocks soared as Apple’s market value reached $ 3 trillion, while Tesla announced record distributions in the fourth quarter of 2021, boosting investor sentiment on this first trading day of the year.
On Monday, Apple became the first company in the world to achieve this feat, with its shares soaring.
Shares of Tesla also rose after the company’s quarterly sales surpassed analyst estimates, overcoming a global chip shortage as production in China increased.
Both stocks were the biggest contributors to the Standard & Poor’s 500 index.
The Dow Jones Industrial Average was up 246.83 points, or 0.68 percent, at 36,585.13 points, while the Standard & Poor’s 500 Index was up 30.41 points, or 0.64 percent, at 4796.59 points.
The Nasdaq Composite was up 187.83 points, or 1.2 percent, at 15,832.80. (Agencies)

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