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Dow Hits 35,000 Points As US Stocks End At Records

Dow Hits 35,000 Points As US Stocks End At Records

NDTV
Monday, July 12, 2021 10:10:07 PM UTC

All three major indices finished at records, reflecting how optimism over the economic recovery has offset worries about inflation and the Delta variant of Covid-19.

The Dow flirted with its first-ever close above 35,000 points Monday as US stocks turned in another record-filled session ahead of a heavy schedule of earnings releases and economic reports. The blue-chip index finished at 34,996.18, a gain of 0.4 percent. The index was just above 35,000 points at the 2000 GMT closing bell, but settled under the benchmark after the close. The broad-based S&P 500 gained 0.4 percent to 4,384.63, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 14,733.24. All three major indices finished at records, reflecting how optimism over the economic recovery has offset worries about inflation and the Delta variant of Covid-19.
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