The Dow Jones Industrial Average rose 0.55% to 35.50.56 points. Recall, on November 8, for the first time in his history, he won back 36,565.73 points.
Standard & Poor’s 500 added 0.62% to 4,725.79 points. On November 22, he set the highest value on record – 4743.83 points.
For its part, the technological Nasdaq Composite rose in price by 0.85% to 15,653.37 points. Recall that during intraday trading on November 22, it reached a new all-time high of 16,212.23 points.
In this last session before Christmas, as Wall Street closes tomorrow, investors have been paying close attention to the latest data on the spread of the omicronic variant of the coronavirus, also looking for signs of a possible impact on the economy and companies’ profits. at a time when the market enters a period that has historically been considered stable for stock exchanges – a holiday rally period.
According to preliminary findings from more recent studies, the Micron is not as likely to be hospitalized as the delta.
In addition, Pfizer and Merck’s anti-covid tablets have received the green light for emergency use in the United States, providing a more convenient treatment option for at-risk patients.
Historically, US stocks rallied in the last five trading days of December and the first two sessions of January in 56 of the 75 years analyzed since 1945, according to CFRA Research data cited by Reuters.
This year, this period starts on December 27th. Since 1969, the worsening of this holiday season has driven the S&P 500 up 1.3% on average.
