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Added on the 09/08/2016 23:24:50 - Copyright : Reuters EN
The Nasdaq hit a new high after a wave of strong economic data. Fitbit shares rose as much as sixty percent in their first day of trading. Bobbi Rebell reports.
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.
The closing bell rings at the New York Stock Exchange as the Dow Jones Industrial Average dropped 0.8 percent to 28,430.05, but still enjoyed its best August since 1984. The S&P 500 retreated from its latest record, losing 0.2 percent to finish the month at 3,500.31. IMAGES
The closing bell rings at the New York Stock Exchange as the Nasdaq powers to a fresh record, benefiting from continued bullishness on tech stocks that have prospered during the coronavirus pandemic. IMAGES
The Nasdaq just barely moved higher but it was enough to set a new record high, though the other key benchmark indexes lost ground. Bobbi Rebell reports.
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.
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