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Friday 18 December 2020: US stocks closed at record levels on Thursday

Friday 18 December 2020: US stocks closed at record levels on Thursday
Dec 17, 2020 · 3m 47s

US stocks closed at record levels on Thursday, boosted by hope of Washington coming through on additional fiscal aid before the end of 2020. The S&P 500 gained +0.6%, and...

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US stocks closed at record levels on Thursday, boosted by hope of Washington coming through on additional fiscal aid before the end of 2020. The S&P 500 gained +0.6%, and the tech-heavy Nasdaq advanced +0.8%. The Dow Jones climbed 147 points or +0.5%. Both the S&P 500 and Nasdaq hit intraday and closing records, while the Dow posted its highest-ever closing level. Real estate, materials and health care were the best-performing sectors in the S&P 500, rising more than 1% each. Johnson & Johnson rose 2.6% to lead the Dow higher.
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Author Morgans Financial Limited
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