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Monday, 10 May 2021: Fresh record highs for both the Dow and S&P500 to end the week

Monday, 10 May 2021:  Fresh record highs for both the Dow and S&P500 to end the week
May 9, 2021 · 6m 48s

Fresh record highs for both the Dow and S&P500 to end the week after a soft April jobs report alleviated some concerns around inflation and potentially higher U.S. interest rates...

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Fresh record highs for both the Dow and S&P500 to end the week after a soft April jobs report alleviated some concerns around inflation and potentially higher U.S. interest rates - Dow up +229-points or +0.66% to log another record closing high (34,777.76). The broader S&P500 +0.74% to a record closing high of 4,232.60. Energy (up +1.89%), Real Estate (+1.21%) and Industrials (+1.05%) all rose over >1% to lead all eleven primary sectors higher. Both the S&P500 Energy and Materials sectors hit fresh record highs. The Nasdaq +0.88% higher. The small capitalisation Russell 2000 rose +1.35%.
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Author Morgans Financial Limited
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