https://sputnikglobe.com/20211227/sp500-hits-new-record-amid-wall-street-santa-rally-monday-1091847701.html
S&P500 Hits New Record Amid Wall Street ‘Santa Rally’ Monday
S&P500 Hits New Record Amid Wall Street ‘Santa Rally’ Monday
Sputnik International
Wall Street’s S&P500 index soared to a new record high on Monday as US stocks experienced what appeared to be the “Santa Claus rally” that typically starts at around Christmas and lasts through the year-end.
2021-12-27T23:10+0000
2021-12-27T23:10+0000
2021-12-27T23:10+0000
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The S&P 500, which lists the top 500 US stocks, closed up 1.4% at an all-time peak of 4,791. Year-to-date, the index is up 28%.The Nasdaq Composite Index, which groups major technology names such as Facebook, Apple, Amazon, Netflix and Google, also rose 1.4% to settle at a session high of 15,871. Nasdaq’s record high of 16,212 was set on November 22. It is up 23% on the year.The blue-chip Dow Jones Industrial Average, which lists a wide variety of stocks from leisure to banking and agriculture, rose almost 1% to settle at 36,302. The Dow hit an all-time high of 36,565 on November 8. Year-to-date, it is up 19%.Monday’s rally came after Mastercard said its SpendingPulse report for the holiday season showed an encouraging 8.5% growth from last year, with many Americans notably doing their shopping earlier in the period due concerns about supply snarls from the coronavirus pandemic.
https://sputnikglobe.com/20211210/sp-500-in-record-close-propelling-us-stocks-to-biggest-week-since-january-1091427539.html
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santa rally on wall street, us stocks on christmas, s&p500 record, stocks amid pandemic, christmas stocks rally
santa rally on wall street, us stocks on christmas, s&p500 record, stocks amid pandemic, christmas stocks rally
S&P500 Hits New Record Amid Wall Street ‘Santa Rally’ Monday
NEW YORK (Sputnik) - Wall Street’s S&P500 index soared to a new record high on Monday as US stocks experienced what appeared to be the “Santa Claus rally” that typically starts at around Christmas and lasts through the year-end.
The S&P 500, which lists the top 500 US stocks, closed up 1.4% at an all-time peak of 4,791. Year-to-date, the index is up 28%.
The Nasdaq Composite Index, which groups major technology names such as Facebook, Apple, Amazon, Netflix and Google, also rose 1.4% to settle at a session high of 15,871. Nasdaq’s record high of 16,212 was set on November 22. It is up 23% on the year.
10 December 2021, 22:13 GMT
The blue-chip Dow Jones Industrial Average, which lists a wide variety of stocks from leisure to banking and agriculture, rose almost 1% to settle at 36,302. The Dow hit an all-time high of 36,565 on November 8. Year-to-date, it is up 19%.
Monday’s rally came after Mastercard said its SpendingPulse report for the holiday season showed an encouraging 8.5% growth from last year, with many Americans notably doing their shopping earlier in the period due concerns about supply snarls from the coronavirus pandemic.
