The
Nasdaq Composite Index closed above 5,000 for the first time in 15
years while the Dow Jones Industrial Average and Standard & Poor’s
500 Index reached records as gains in consumer purchases signaled
strength in the biggest part of the economy.
The
Nasdaq Composite added 0.9 percent to 5,008.10 at 4 p.m. in New York.
The S&P 500 climbed 0.6 percent to a record 2,117.18, and the Dow
advanced 153.29 points, or 0.9 percent, to 18,285.99, also an all-time
closing high. The Russell 2000 Index rose 0.7 percent to a record
1,242.48.
The
S&P 500 reached fresh records four times in February, while the Dow
average climbed 5.6 percent for its best month since January 2013. The
index also topped its record from December for the first time in 2015.
Source: Bloomberg
No comments:
Post a Comment