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Added on the 03/12/2014 23:51:58 - Copyright : Reuters EN
The US equity indexes closed at record highs on Thursday. Analysts look to the Democrats' victories in the Georgia Senate runoffs as a factor in the surge. Experts say the dual victories in the Georgia Senate runoffs pave the way for sweeping fiscal support in early 2021. The S&P 500 was up 1.5% at 3,803.79. The Dow Jones industrial average closed 212 points higher at 31,041.13, up 0.7%. While the Nasdaq composite saw an uptick of 2.6% at 13,067.48.
A deal to extend Greece's bailout sparked a late relief rally. The Nasdaq rose for the eighth straight session. Fred Katayama reports.
US stocks climbed on Friday after disappointing November jobs data buoyed hopes for a near-term stimulus deal. The S&P 500, Dow Jones industrial average, and the Nasdaq composite all closed at all-time highs. The US unemployment rate edged downward from 6.9% to 6.7% meeting economists' forecasts. The S&P 500 closed at 3,699.12, up 0.9% on Friday. The Dow Jones industrial average closed at 30,218.26, up 0.8% (249 points). While the Nasdaq composite saw closing numbers of 12,464.23, up 0.7%.
The Dow and S&P hit new closing highs. Netflix misses subscriber growth expectations. Bobbi Rebell reports.
A rally in financial stocks helped lift the Dow and S&P 500 to record highs. JPMorgan Chase's strong earnings spurred financial stocks. Fred Katayama reports.
On Friday, US stocks made gains as hopes for a peaceful transition to the Biden administration offset concerns about soaring COVID-19 cases. Business Insider reports S&P 500 closed at a record high. On Thursday Pres. Donald Trump said he'd hand over power when the Electoral College certifies President-elect Joe Biden as the winner of the 2020 election. The US reported 125,082 new coronavirus cases on Thursday. That brought the seven-day average to 163,831, according to the COVID Tracking Project. Deaths topped 254,000, and hospitalizations jumped above 90,000. The stock market's "fear gauge" fell as low as 19.51 on Friday, dropping amid low trading volumes to its lowest level since the pandemic began.
Four key climate change indicators all set new record highs in 2021, Brigitte Perrin, Head of Strategic Communication at the World Meterological Organization, outlines at a press conference presenting its "State of the Global Climate in 2021" report. Greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification all set new records last year, the United Nations' weather and climate body says in the report. IMAGES