LONDON: The Dow industrials and S&P 500 closed higher Wednesday, in a pre-holiday business session.
The Dow Jones Industrial Average rose 12.81 points, or 0.1%, to 17827.75. The blue-chip index pushed into positive territory in the last hour of trading, notching its 30th record close for the year. The S&P 500 index gained 5.8 points, or 0.3%, to 2072.83, marking its 47th closing high in 2014.
The Nasdaq Composite Index gained 29.07 points, or 0.6%, to 4787.32. The U.S. stock market will be closed Thursday for the Thanksgiving holiday.
While several economic reports missed expectations, investors said they were still consistent with an economic recovery in the U.S.
Improving U.S. economic data and upbeat corporate earnings have helped propel U.S. stocks to a series of record highs in recent weeks. Data released this week showed the U.S. economy grew at a pace of 3.9% in the third quarter, higher than the initial estimate of 3.5%. The growth rate in the second and third quarters combined marked the best six-month pace since the second half of 2003.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
