Dow Jones and S&P 500 indexes rise to record levels

The S&P 500 rose to a record 4,540.8 points during the trading session.

The U.S. Dow Jones and S&P 500 indexes rose to record levels during the New York Stock Exchange trading session on Wednesday. The relevant data is provided on the website of the trading platform.

By 12:30 a.m. U.S. East Coast time, the Dow Jones rose by more than 0.5% and reached a record high of 35,668.63 points. Subsequently, the index declined slightly, and as of 14:15, it was 35,619.75 points. The previous record was set in mid-August when the Dow Jones rose to 35,625.4 points.

The S&P 500 rose to a record 4,540.8 points during the trading session, subsequently falling to 4,534.92 points. The previous record figures of this index were recorded in early September when it rose to 4,536.95 points.

According to the MarketWatch portal, the growth of indices is caused by investors’ expectations of data on quarterly reports of American technology companies. In particular, on Wednesday, the publication of financial indicators for the three months of Tesla is expected. Next week, Apple, Microsoft, Amazon, Facebook, and Alphabet, which owns Google, will present quarterly reports.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
Ivan Maltsev

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