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Tuesday, 16 March 2021: Fresh record closing highs for both the Dow and S&P500

Tuesday, 16 March 2021: Fresh record closing highs for both the Dow and S&P500
Mar 15, 2021 · 5m 38s

Fresh record closing highs for both the Dow and S&P500 although US equity markets tread water for much of the session before opposing in the closing minutes in the final...

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Fresh record closing highs for both the Dow and S&P500 although US equity markets tread water for much of the session before opposing in the closing minutes in the final minutes of the session – Dow gained +175-points or +0.53% to 32,953.46, logging seventh positive trading session in-a-row and fourth consecutive record closing high (the longest such run since December 2017, according to Dow Jones Market Data). The broader S&P500 advanced +0.65% to 3,968.94 and a third consecutive record closing high. Utilities (up +1.36%), Real Estate (+1.18%), Consumer Discretionary (+1.17%) and Information Technology (+1.11%) all climbed over 1%. Energy (down -1.25%) and Financials (-0.57%) were the only sectors to close in the red. United Airlines Holdings Inc jumped +8.26% after the carrier said in a filing that it expects core cash flow to be positive for the month of March. The Nasdaq +1.05%. Apple Inc gained +2.45% (paring its year-to-date loss to under
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Author Morgans Financial Limited
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