Unprecedented highs for stocks on Wall Street .. for this reason



[ad_1]

Wall Street set new records on Friday, as Standard & Poor’s closed higher for the seventh day in a row, after employment data for June showed strong employment activity.

Standard & Poor’s, Dow and Nasdaq hit all-time highs.

The Dow Jones Industrial Average rose 152.82 points, or 0.44%, to 34,786.35 points.

The Standard & Poor’s 500 Index closed up 32.4 points, or 0.75%, at 4,352.34 points, and the Nasdaq Composite Index rose 116.95 points, or 0.81%, at 14,639.33 points.

On a weekly basis, Standard & Poor’s rose 1.7%, the Dow gained 1% and the Nasdaq rose 1.9%, according to “Reuters”.

[ad_2]
Source link