Friday 27 December 2019

US stocks hit record highs again

Markets rose on Thursday.

In the US, the S&P 500 rose 0.5 percent to another record high. The Dow Jones Industrial Average and Nasdaq Composite also hit record highs, rising 0.4 percent and 0.8 percent respectively.

in Asia, the Nikkei 225 rose 0.6 percent and the Shanghai Composite rose 0.9 percent.

European stock markets were closed.

“Stocks look like they just wont quit. The rally is for real,” Chris Rupkey, chief financial economist at MUFG, said in a note Thursday. “The economy’s engines continue to hum.”

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